I am not trading USDCHF (I only trade GBPUSD), but I made an outlook of what to expect for the coming weeks.
We confirmed a 30m bos which creates buying interest. Previous structure low is taken out so major liquidity is taken while mitigating from a strong demand. A break on the 1H TF would give more confluence although this has not happened yet.
If price fails to break the 1H structure, a buy order can still be placed due to the fact that m30 is broken, with the intention to rise higher.
Keep in mind that price always does whatever it wants, a liquditity run to the downside (before going up) is still possible as HTF is still bearish for me.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.