USD/CHF..4h chart pattern..

9 mag

I'm considering a **BUY trade on USD/CHF** with an **entry at 0.83170** and a **target at 0.8600**. Let's analyze this trade setup:

### **Trade Summary (USD/CHF Buy)**
- **Entry:** 0.83170
- **Target:** 0.8600
- **Potential Gain:** **283 pips** (0.8600 - 0.83170 = 0.0283)

### **Key Considerations:**
1. **Current Market Context:**
- USD/CHF has been influenced by **USD strength** or **CHF weakness**.
- Check recent economic data (e.g., US inflation, Fed policy vs. SNB actions).
- If the **Swiss National Bank (SNB) is dovish** or the **Fed is hawkish**, this trade could work.

2. **Technical Levels:**
- **Support:** If 0.8317 is a key support (e.g., recent swing low), buying here makes sense.
- **Resistance:** 0.8600 is a psychological level and may act as strong resistance.
- **Stop Loss (SL):** Consider placing a stop below a recent low (e.g., 0.8250 or lower).

3. **Risk Management:**
- A **283-pip profit** is sizable, but ensure your **risk-reward ratio** is favorable (e.g., 1:2 or better).
- Example: If your stop loss is **100 pips**, your risk-reward is **~1:2.8**, which is good.

4. **Fundamental Triggers:**
- Watch for **US CPI, Fed speeches, or SNB interventions**.
- If the **USD strengthens further**, this trade could accelerate upward.

### **Final Thoughts:**
- This trade has a **strong potential** if USD continues upward momentum.
- **Monitor resistance levels** (0.8400, 0.8500) for possible pullbacks.
- **Always use a stop loss** to protect against unexpected reversals.

Would you like help with **stop-loss placement** or **technical confirmation signals**? 🚀

12 mag

Trade attivo

trade active in buy

6 giorni fa

Nota

all most running profit 300 pips