Fishing for longs

I will be searching for a long entry on lower timeframes if we go below yellow line in purple rectangle.

This area is a single print. Market went through it without any overlaps. Yellow line is where stop-loss orders might be positioned and raided as we break through.

However, it is important to wait for a perfect set-up. Switzerland has lower inflation than US and if growth of US Dollar price falters, the current dominant trend (USD growth) will no longer support longs against CHF.