Here is the EURCHF pair, after it reached the first target areas, negative sequences were formed on the four-hour frame
For further confirmation we need to break the bottom at 0.96233 levels
If this scenario is implemented, the target will be as :
TP 1 0.96214 45 PIP
TP 2 0.95739 80 PIP
TP 3 0.95521 100 PIP
As the figure shows, it is possible to target healthy correction areas for these sequences
At levels between 0.95349 / 0.94929
For further confirmation we need to break the bottom at 0.96233 levels
If this scenario is implemented, the target will be as :
TP 1 0.96214 45 PIP
TP 2 0.95739 80 PIP
TP 3 0.95521 100 PIP
As the figure shows, it is possible to target healthy correction areas for these sequences
At levels between 0.95349 / 0.94929
Trade closed: target reached