USDCHF 1H Analysis, 1st July 2021
Daily Trend : Bullish
4H Trend : Bullish
Trade Scenario 1 :
If you follow my last analysis on UChf you must be in profit right now! Yes, UChf recently just broke a strong daily resistance and forming HH. In 1H timeframe, the trendline also maintain the bullish structure. To enter long position i would wait for another retest on the trendline and entry if there's rejection.
Trade Scenario 2 :
To consider bearish, we should break the trendline and make LL, do a retest to confirm LH and put short position
4H Trend : Bullish
Trade Scenario 1 :
If you follow my last analysis on UChf you must be in profit right now! Yes, UChf recently just broke a strong daily resistance and forming HH. In 1H timeframe, the trendline also maintain the bullish structure. To enter long position i would wait for another retest on the trendline and entry if there's rejection.
Trade Scenario 2 :
To consider bearish, we should break the trendline and make LL, do a retest to confirm LH and put short position
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