USD/CHF: Bullish Breakout Confirmed — Eyeing the 0.79500 ResistaUS Dollar/Swiss FrancFX:USDCHFSimon_WeberDirection: Long 🟢 Timeframe: 4H Risk/Reward Ratio: 1:2.8 Market Overview: After a prolonged period of bearish dominance and consolidation throughout February, USD/CHF has finally staged a powerful impulsive breakout. The pair has cleared significant resistance levels, suggesting a major trend reversal is underway on the 4-hour chart. Technical Factors: MA Breakout & Cross: Price has decisively surged above both the 50-period MA (0.7753) and 100-period MA (0.7726). We are now waiting for these moving averages to slope upward and form a "Golden Cross," which would further validate the bullish thesis. S/R Flip: The previously stubborn resistance zone around 0.77500 – 0.77700 has been breached. We are currently witnessing a classic "Break and Retest" pattern, where old resistance turns into new support. Momentum: The strength of the recent green candles indicates strong institutional buying pressure. The current minor pullback is viewed as a healthy correction to shake out weak hands before the next leg up. Trading Plan: We are looking to enter on the successful retest of the breakout zone to maximize our risk-to-reward ratio. Entry Zone (Buy Limit): 0.77650 – 0.77850 (Near the 50-period MA and previous structural high). Stop Loss: 0.77050 (Placing it below the 100-period MA and the recent consolidation floor to ensure the trade idea remains valid). Take Profit 1: 0.78500 (Intermediary resistance). Take Profit 2: 0.79400 (Major target based on the December/January swing highs). Risk Management: While the technicals look strong, keep an eye on the DXY (US Dollar Index). Since USD/CHF is highly sensitive to Swiss National Bank (SNB) sentiment and US economic data, ensure your position size is adjusted for potential volatility during the NY session.