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Lingrid | USDCHF Potential Bullish Move Following Level Breakout

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USDCHF surged from a higher low and is now retesting the broken structure near 0.802, maintaining its position within the broader upward channel. A clean bounce from this zone would confirm the bullish structure, targeting the upper channel resistance near 0.815. Pullback and higher low structure support continued upside movement with short-term consolidation possible. A breakout from the consolidation box could accelerate momentum toward the resistance area.

📈 Key Levels
  • Buy zone: 0.802 – 0.805
  • Buy trigger: Bullish confirmation above 0.805
  • Target: 0.815
  • Invalidation: Drop below 0.796

💡 Risks
  • False breakout near 0.805 may lead to rejection
  • Failure to form higher high would invalidate bullish sequence
  • Momentum divergence could slow rally near resistance

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
İşlem kapandı: hedefe ulaştı
+118 pips closed

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.