USDCHF: Your Trading Plan Explained 🇺🇸🇨🇭

https://www.tradingview.com/x/A5Ie613t/

USDCHF looks quite oversold after the yesterday's bearish rally.
The price is stuck on a key daily support at the moment.

My confirmation to buy the pair will be a bullish breakout
of a neckline of a double bottom formation on a 4H time frame.

A 4H candle close above 0.885 will confirm a violation.
A bullish continuation will be expected at least to 0.8874 then.

If the price sets a new lower low lower close on a 4H,
the trading setup will become invalid.

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