USDCHF Breakout Strategy Long and Short Positions

USDCHF on the daily candles show tightening consolidation pattern with white dotted lines representing recent highs and lows within the contracting pennant pattern. White dotted lines also represent support and resistance levels that are used as levels to indicate long/short opportunity if price action confidently breaks above or below the nearest dotted lines. Green and red shaded regions represent an approximate sell area to dollar cost avg out (based on 1.618 fib both long and short). Stop loss should be around 0.10 - 0.20% from first white dotted line breakout or trailing SL based on chandelier stop (10,5,3) indicator. May possibly keep update with this over time...

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