USDCHF - Price has the potential to grow off a crucial SUPPORT

what's good traders/investors, this is my viewpoint and belief on what could happen to USDCHF this week - connect by reading it through and write your thoughts in the comments

- I've noticed that the price of USDCHF has gone up 1.01% in 5 hours this last Friday (April 14, 2023) since there was a support level that had 19 bearish candle wicks touching it, which gave it the power and ability within itself to push the price 89.5 pips from it = 1.00 % gain
- The price of this support level was between $0.88614 and $0.88748

(THE STRATEGY BEHIND THIS BUY TRADE) - 4/16/2023
1. This new support level has 8 bearish candle wicks touching it, which could continue to increase in bearish candle wicks (the aim is to have19 bearish candle wicks), which is why I believe with the combination of this bullish candle (the blue vertical line) that is slightly below it, gives it the power and ability within each other to push the price up 85.3 pips from my entry price HIT TP and protect the price from hitting my stop loss - since the previous support level, when it had eight bearish candle wicks touching it was able to save the price from hitting a 6 pip stop loss below the 8th bearish candlewick, and It also had the power within itself to push the price up 88.5 pips from it in 23 hours = Advantage and Edge
2. The bullish candle that I'm combining with this new support level has 3 specific principles and a previous wick of 36 pips, which is greater than the last bullish previous wick (21) by 15 = a more significant previous wick

(GREATER CHART VIEW 🌅)



(MY BUY POSITION)
MY ENTRY PRICE IS $0.88369
The price of my take profit is $0.90223 (85.3 pips)
The price of my stop loss is $0.89233 (13.6 pips)
RISK MANAGEMENT APPLIED ✅

- IF YOU FOUND THIS USEFUL TO YOU, YOU CAN SUPPORT ME WITH A LIKE/BOOST/FOLLOW 💛
(Bk) Buomkuoth Nhial Reath