Here we are looking at taking longs at a bullish break level(0.96000). Its a POI because it would indicate a change of trend from bearish to bullish following the pairs higher timeframe bears. We also have a retest of a fresh-untested supply zone. Lets wait for a breakout on this level before entering.
Opportunity: EURCHF Buys. Buystop @ 0.96150 with a tight 35 pip stoploss @ 0.95800. You can leave the take profit open for now. Or if you will open two or more positions, take tps, 0.96650, 0.96900 and 0.97150
Lets see how it plays out.
Opportunity: EURCHF Buys. Buystop @ 0.96150 with a tight 35 pip stoploss @ 0.95800. You can leave the take profit open for now. Or if you will open two or more positions, take tps, 0.96650, 0.96900 and 0.97150
Lets see how it plays out.
Trade closed: stop reached