USDCHF 5/11/23

Nov 5, 2023

As you can see from US dollar chef you're probably starting to recognise that there is a clear pattern here we have a freshly established swing with a swing high and a swing low giving us the exact opposite of what we've seen with our usd secondary pairs which is of course a bullish range in this case we have a bearish range breaker structure has occurred at the end of Friday session we have now fully established our range we'll be looking at exactly the same thing for our other pairs just in this case reversed as we are looking for highs to be ramped for continuation to the downside or the higher poi to be tapped into for again continuations to the downside.

Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.

We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!