GBPCHF, where to?

GBPCHF has held quietly 16700mid-band since US opened this week. I would be addressing a bullish move since the cross performed a U-turn after reaching a daily lower low.

Signal Conditions to enter GBPCHF:

I would wait for an hourly close above 16740, then

I will set a limit order to buy 16740 targeting 16800

The Risk Reversal Management:

The exodus of the signal would be identified if the cross carries out a closing bar below 16700 on a 30mn chart.

Repeating Scenario:

2nd attempt phenomenon would be worth taking in case the stop gets the trigger in the 1st try.