🔔 EURCHF UPDATED POSITION
EURCHF has reached our weekly SC region and I am now looking for long opportunities. I would like price to spike up to 1.07610 and take out the seller's liquidity and return to around 1.06850 to add to the long position which is at the 786 fib level for extra confluence. Seeing as we have medium-impact Euro news release to the end of the week I will look to enter long positions during the New York session on Thursday. With a 30 pip risk and a potential 280+ pip reward, we have a 1:9 r/r.
EURCHF has reached our weekly SC region and I am now looking for long opportunities. I would like price to spike up to 1.07610 and take out the seller's liquidity and return to around 1.06850 to add to the long position which is at the 786 fib level for extra confluence. Seeing as we have medium-impact Euro news release to the end of the week I will look to enter long positions during the New York session on Thursday. With a 30 pip risk and a potential 280+ pip reward, we have a 1:9 r/r.