Entry:
We have a potential short position setup on EURCHF for when markets open after the weekend, if we start seeing bearish candles forming and closing we will go short off the 61.*% daily fib zone. However, if we see heavy bullish pressure and it breaks above 1.06425 the whole setup will become invalid.
Exit:
If we manage to get a short position in, we will look to make an exit at 1.05919, the full complete setup will net 38 pips upon reaching take profit.
We have a potential short position setup on EURCHF for when markets open after the weekend, if we start seeing bearish candles forming and closing we will go short off the 61.*% daily fib zone. However, if we see heavy bullish pressure and it breaks above 1.06425 the whole setup will become invalid.
Exit:
If we manage to get a short position in, we will look to make an exit at 1.05919, the full complete setup will net 38 pips upon reaching take profit.