USDCHF — Rally Into Structure, Short the Retest?

[theSignalyst]

USDCHF has been overall bearish on the 4H, sliding inside a falling channel. After a bounce, price is rotating back into the 0.798–0.802 structure zone, right at the channel’s upper bound.

This confluence is key . If sellers react here, I’ll look for rejection shorts toward 0.790 first, then 0.785–0.780 near the channel floor. A clean 4H close and hold above 0.802 would invalidate the idea and expose 0.806–0.810 next .

What’s your plan => fade the rally at supply, or wait for confirmation before jumping in?

*️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr*

[Nahid10]

Love the clarity — fading supply at 0.802 looks like the safer play unless bulls reclaim it.