USD/CHF Ichimoku Bullish Trend Continuation Swing Trade
This pair saw a nice bullish push last week up and out of the kumo as you can see from the chart.
We are still shy of a bullish kumo twist but every other sign still points to bullish.
I am looking for a drawback to previous price structure resistance to act as support as a confirmation for entry on this trend continuation setup.
Ideally we will see a good support candle for or at the very least a hard support form.
If that happens I'll entry my long as we have it here and aim for my overall price structure target I've drawn out as well as take partial profit at some of the levels I've drawn out.
If we fail to get a good drawback for entry or fail to hold support, this setup may become invalidated.
We are still shy of a bullish kumo twist but every other sign still points to bullish.
I am looking for a drawback to previous price structure resistance to act as support as a confirmation for entry on this trend continuation setup.
Ideally we will see a good support candle for or at the very least a hard support form.
If that happens I'll entry my long as we have it here and aim for my overall price structure target I've drawn out as well as take partial profit at some of the levels I've drawn out.
If we fail to get a good drawback for entry or fail to hold support, this setup may become invalidated.