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Taking a look at USD/CHF here and it has a real clean set up forming with some great risk to reward potential.

 

[/vcj_text_block][vcj_text_block paragraph_whitespace=”1″]Recently we had an ascending channel on this pair that ran from middle of August to the middle of October. Price eventually broke out of this to the downside and has now formed a nice corrective Daily channel as you can see in the screenshot.

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The price action that we have seen here has been very clean and respected the structure well so far. With prices now sitting at the top of the channel I am watching closely for sell setups to take us back towards the base.

 

[/vcj_text_block][vcj_text_block paragraph_whitespace=”1″]Depending on your trading style and entry, you could be looking at around 5 to 1 on this position. I do not currently hold a position here but I am monitoring this for an entry.[/vcj_text_block][vcj_empty_space height=”20px”][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width=”1/4″][vc_row_inner equal_height=”yes” overflow=”default” padding_tablet=”0px 0px 80px 0px” css=”.vc_custom_1583609527898{margin-bottom: 10px !important;margin-left: 2px !important;}” shadow_hover_custom=”-webkit-box-shadow: 10px 10px 17px 1px rgba(0,0,0,0.32); -moz-box-shadow: 10px 10px 17px 1px rgba(0,0,0,0.32); box-shadow: 10px 10px 17px 1px rgba(0,0,0,0.32);”][vc_column_inner overflow=”default” padding_tablet=”0px 30px 0px 30px” max_width=”700px” css_animation=”fadeInUp” css_animation_delay=”0s” css_animation_speed=”0.7s” css=”.vc_custom_1583588182205{background-color: #242424 !important;border-radius: 10px !important;}” background_image_hover=”8823″][vcj_empty_space height=”20px”][vcj_text_block paragraph_whitespace=””][/vcj_text_block][vcj_empty_space height=”5px”][vcj_text_block paragraph_whitespace=””]

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[/vcj_text_block][vcj_empty_space height=”20px”][vcj_text_block paragraph_whitespace=””][/vcj_text_block][vcj_empty_space height=”20px”][/vc_column_inner][/vc_row_inner][vc_row_inner equal_height=”yes” overflow=”default” padding_tablet=”0px 0px 80px 0px” css=”.vc_custom_1583609452242{margin-bottom: 10px !important;margin-left: 2px !important;}” shadow_hover_custom=”-webkit-box-shadow: 10px 10px 17px 1px rgba(0,0,0,0.32); -moz-box-shadow: 10px 10px 17px 1px rgba(0,0,0,0.32); box-shadow: 10px 10px 17px 1px rgba(0,0,0,0.32);”][vc_column_inner overflow=”default” padding_tablet=”0px 30px 0px 30px” max_width=”700px” css_animation=”fadeInUp” css_animation_delay=”0s” css_animation_speed=”0.7s” css=”.vc_custom_1583588182205{background-color: #242424 !important;border-radius: 10px !important;}” background_image_hover=”8823″][vcj_empty_space height=”20px”][vcj_text_block paragraph_whitespace=””]After studying and researching, one of the biggest things people struggle with is actually taking that information and putting it into the market in a consistent and profitable manner. This is why I want to give you all the chance to trade live with me![/vcj_text_block][vc_single_image image=”8991″ img_size=”medium” alignment=”right” css_animation=”none”][vcj_text_block paragraph_whitespace=””]

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