USDCHF - Trendline Breakout & Potential Trend Change

2020年7月13日

Hi Traders!
The market is in a Range.

Key Structure:

• Resistance @ 0.94878
  
• Support @ 0.93857
  
• Trendline "Daily Key Trendline" - descending, resisting
  
• Trendline "H1-Strong Trendline" - ascending, support
  

Category:
- Trend Change
- Breakout Trading
- Swing Trading
- High Swing Trading

Description:
The market is falling since a very long time on the daily Timeframe.
It is respecting the Trendline.

The idea is about the bullish Breakout of the daily Trendline.
In addition the H1-Trendline is supporting the market.

The target is the next Resistance.
The SL is under the next Support.

We recommend to trade the Breakout with a Retest!


Thanks and successful Trading :)!

2020年7月13日

註釋

This is the RED BOX, but in Big: