USD/CHF Signal Update
Yesterday’s signals expired without being triggered.
Today’s USD/CHF Signals
Risk only 0.25% per trade.
Trades may only be made between 8am and 5pm London time.
Short Trade 1
Short entry after bearish price action on the H1 time frame immediately following the next touch of 0.9358.
Put the stop loss 1 pip above the local swing high.
Adjust the stop loss to break even once the trade is 40 pips in profit.
Remove 50% of the position as profit when the trade is 40 pips in profit and leave the remainder of the position to run.
Short Trade 2
Short entry after bearish price action on the H1 time frame immediately following the next touch of 0.9393.
Put the stop loss 1 pip above the local swing high.
Adjust the stop loss to break even once the trade is 40 pips in profit.
Remove 50% of the position as profit when the trade is 40 pips in profit and leave the remainder of the position to run.
Long Trade 1
Long entry after bullish price action on the H1 time frame immediately following the next touch of 0.9130.
Put the stop loss 1 pip below the local swing low.
Adjust the stop loss to break even once the trade is 50 pips in profit.
Remove 50% of the position as profit when the trade is 50 pips in profit and leave the remainder of the position to run.
USD/CHF Analysis
By recent standards, yesterday was a reasonably quiet day for this pair. None of the key levels identified previously were touched; there is no real technical change from yesterday.
There are no high-impact data releases scheduled today concerning either the USD or the CHF.