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Going Long in EURCHF

Long
FX:EURCHF   Euro / Swiss Franc
Hello Traders ,

Trade Indications:

DOW theory intact: HH & HL ; Price made HL and tracing to HH
Bearing Engulfing candle formed.
Price tranding on minor support line.
Price value Encapsulated between two major trend lines.
Price Level above support level
Euro bearish with respect to Swiss Franc

On 4 Hour Scale
Bullish divergence formed.

Buy / Long trade:

Buy @ 0.98723
Stop Loss @ 0.987695
Take profit @ 0.98908


Regards,

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