On the USDCHF H1 chart the market has transitioned from a prolonged 0.814‑0.810 range into a clear down‑trend, carving a low near 0.8043. The last six candles show a tightening range around 0.8045‑0.8058 with decreasing volume, suggesting that selling pressure is fading and buyers are stepping in. Price now respects the 0.8045 support and has broken above the recent swing high, forming a higher low and a bullish engulfing pattern on the 0.8050‑0.8057 candles. This technical confluence validates a long entry just above the breakout level, with the stop placed below the support zone and the first profit target near…

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