Ichimoku USDCHF Currency Trade Setup for 1/27/10

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  • Ichimoku USDCHF Currency Trade Setup for 1/27/10

USDCHF is setting up for a daily bullish trade.   The weekly is in a pullback mode so we are going to look for a medium term trade.    Nothing long term since the weekly timeframe is still bearish.
Below is the chart for the 240 minute timeframe.  We are going to enter the trade here to keep our risk low and then move to the daily timeframe when we get some profits.

Here is the daily timeframe.

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