USDCHF – Trading at an important level

One of the most important parts about doing forecasts is that we need to understand when the market is trading near a LT S&R level. When we talk about LT S&R levels we are actually talking about zones (short term ranges). In this case for instance, the USDCHF is trading in a short term range in between 0.9322 and 0.9206 around a LT important level:

So my trading plan for the USDCHF is to wait for the market to break the ST range, then I’ll start looking for trade opportunities in the direction of the breakout.

Trade Safe!

Raul Lopez
Forex Training

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .