USDCHF: Up for a ride?

What we just saw on USDCHF is a classic move that catches many traders off guard:

Price swept the Previous Day’s Low (PDL)

• That’s where most retail traders get stopped out.
  
• It’s also where smart money often steps in.
  

Break of Structure (BOS) followed immediately

• A clean shift in direction.
  
• Momentum flipped bullish.
  

Fair Value Gap (FVG) below

• That’s likely where price will return to rebalance.
  
• If price respects that zone, the next destination?
  
• The liquidity resting above.
  

This is one of those setups that reminds me:

It’s not about catching every move. It’s about understanding why the move happened.

Let’s see how it plays out.