Trader_Joe_Lee

USDCHF hourly structure breakout pullback long opportunity

Long
Trader_Joe_Lee Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
As the dollar goes stronger, USDCHF doesn't move as much as other European pairs.
That's when we'll be willing to look for potential buying opportunity here despite its relative weakness.

Here we got this little intraday structure breakout in a day that DXY has an inside day breakout.
This trade is good itself, but the out will be super near to the 2618 entry.

Still, it's a worth taking trade compared to chasing the GBPUSD or EURUSD for me.

Let's see how it goes!
Trade closed: stop reached:
Stopped out yo~

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.