forexinsider

bullish flat flag

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FOREXCOM:USDCHF   Dólar Americano/Franco Suíço
since sept 2021 we notice that the pair has been ranging and we saw some significant moves within this range, with that being the situation we are anticipating that the price reaches the upper band of the range and from there we shall look for possible reversal down unless we notice a possible breakout
we are currently in an uptrend right? and we see the impulsive move and now a correction or a consolidation
our focus is that we take only trend continuation trade setups
1 we look forward for a support at the base of the flat flag and a possible bullish momentum to break th upper band
given a breakout to the downside we are willing to take some buy order at the previously broken structure

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