Potential USDCHF Breakout

I haven't been watching this pair all day but I got an alert for this pair to go long on another indicator I use to detect momentum shifts.

While reviewing the chart, I see that my indicator also triggered an entry a few hours ago.
In addition, I see that that the bearish structure has been broken with momentum showing strength.
CHF is currently showing weakness while USD has been strong all Asian session.
COT data shows a decrease in net positions while USD is relatively flat (decrease in both Longs & Shorts).

CHF moves quickly so if it breaks up, it could be a quick jump up.

Just a disclaimer, this indicator can produce false positives. And DXY is currently a little choppy.
Also, as I am in another trade I won't add any extra risk during the Asia session.

Let me know your thoughts.

Trade Safe!
HEET

订单已取消:

My algo reversed. No confidence in this trade anymore.