Lingrid | USDCHF long Trading Opportunity from Strong Support

6 hari lalu

The price perfectly fulfills my previous idea. USDCHF just printed a new lower low at the bottom of a wide downward channel, completing a textbook bearish leg from the triangle breakdown. The price is showing signs of local accumulation with a possible double bottom forming near 0.8078 support. If a bullish bounce holds, the next target lies near the confluence of the upward trendline and 0.8200 zone.

📈 Key Levels

• Buy zone: 0.8060–0.8080
  
• Sell trigger: breakdown below 0.8050
  
• Target: 0.8200
  
• Buy trigger: strong bullish engulfing above 0.8125
  

💡 Risks

• Break below 0.8050 reopens path to 0.7980
  
• Weak recovery could form another lower high
  
• Downward channel remains dominant until confirmed breakout
  

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

kelmarin

Dagangan aktif

So if we look at the historical chart, the price went almost to the minimum and came to the lower level of the channel. I think. this is a good chance to buy - a good entry! Let's buy! 🚀

18 jam lalu

Dagangan ditutup: sasaran tercapai

+121 pips - target perfect done