Buy Trade Idea: USD/CHF
USD/CHF has recently broken above the key resistance level at 0.9128, which has now turned into a support zone. The price is currently retesting this level, indicating potential for a bullish continuation toward higher resistance zones.
Entry: 0.9128
Stop Loss (SL): 0.9080
Take Profit (TP): 0.9300
As the trade progresses, price action should be monitored closely. Stop Loss adjustments can be made to break-even or to secure profits as the price approaches the TP level. This setup offers a favorable risk-to-reward ratio (RRR) of approximately 1:4, making it a sound trade from a risk management perspective.
This trade setup is based on a combination of technical analysis, market structure, and the breakout-retest dynamic, supporting a bullish bias.
Entry: 0.9128
Stop Loss (SL): 0.9080
Take Profit (TP): 0.9300
As the trade progresses, price action should be monitored closely. Stop Loss adjustments can be made to break-even or to secure profits as the price approaches the TP level. This setup offers a favorable risk-to-reward ratio (RRR) of approximately 1:4, making it a sound trade from a risk management perspective.
This trade setup is based on a combination of technical analysis, market structure, and the breakout-retest dynamic, supporting a bullish bias.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.