USDCHF remains bearish on the higher timeframe.
I am observing for continuation setups. On the mid-term timeframe, I’ve been actively reading the tape, tracking the footprints as taught in the tape study methodology. Currently, the bullish footprints are present but being tested within the context of the overall bearish bias.
I’ve placed trendlines as guardrails to monitor the footprints closely — acting as a heartbeat tracker of price behavior during the corrective phase. These trendlines are strictly alignment tools, not trade signals.
Price has already taken out internal liquidity, and I’m waiting for full mitigation within the range and premium territory. Once price climbs fully into the accumulation area, I will shift my focus to visualizing the corrective structure, allowing the market to reveal intent before delivery back to the lows.
Until that alignment and confirmation occur:
• Observation over execution
• No forcing of trades
Patience is the key.
Tracking remains the edge.
I am observing for continuation setups. On the mid-term timeframe, I’ve been actively reading the tape, tracking the footprints as taught in the tape study methodology. Currently, the bullish footprints are present but being tested within the context of the overall bearish bias.
I’ve placed trendlines as guardrails to monitor the footprints closely — acting as a heartbeat tracker of price behavior during the corrective phase. These trendlines are strictly alignment tools, not trade signals.
Price has already taken out internal liquidity, and I’m waiting for full mitigation within the range and premium territory. Once price climbs fully into the accumulation area, I will shift my focus to visualizing the corrective structure, allowing the market to reveal intent before delivery back to the lows.
Until that alignment and confirmation occur:
• Observation over execution
• No forcing of trades
Patience is the key.
Tracking remains the edge.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.