USD/CHF trading idea | June 30, 2022
The technical setup in charts of USD/CHF remains the same as mentioned in USD/CHF trading idea | June 28, 2022 and USD/CHF trading idea | June 27, 2022. I entered a sell trade as the forex pair returned from the upper line of the range. I will exit if any H4 candle will close above the high of the previous H4 candle. My risk to reward ratio is 1:1, and I am targeting 400 points (40.0 pips).
The movement of candles on H1 timeframe was a bit confusing in the previous few hours, which is why I used H4 timeframe.