Lingrid | USDCHF Potential Bullish Move Following Level Breakout
USDCHF surged from a higher low and is now retesting the broken structure near 0.802, maintaining its position within the broader upward channel. A clean bounce from this zone would confirm the bullish structure, targeting the upper channel resistance near 0.815. Pullback and higher low structure support continued upside movement with short-term consolidation possible. A breakout from the consolidation box could accelerate momentum toward the resistance area.📈 Key Levels
- Buy zone: 0.802 – 0.805
- Buy trigger: Bullish confirmation above 0.805
- Target: 0.815
- Invalidation: Drop below 0.796
💡 Risks
- False breakout near 0.805 may lead to rejection
- Failure to form higher high would invalidate bullish sequence
- Momentum divergence could slow rally near resistance
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Trade closed: target reached
+118 pips closed
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🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.