ForecastCity
Long

Don't miss the great buy opportunity in EURCHF

FX:EURCHF   Euro / Swiss Franc
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.0626). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 60.

Take Profits:
TP1= @ 1.0705
TP2= @ 1.0727
TP3= @ 1.0768
TP4= @ 1.0816
TP5= @ 1.0915

SL= Break below S3

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Comments

Ilike your work man how can i find you
+6 Reply
ForecastCity Danny0717
@Danny0717, Thank you for your feedback. We appreciate it. You can always find us at this link: https://www.forecastcity.com/en
+1 Reply
I LOVE IT
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, We appreciate your feedback.
Reply
Looking at a very similar setup myself price seems to have pushed down and been stopped by the current support line on my chart - waiting for the right signal to buy!

Good luck!
+1 Reply
ForecastCity Simple_FX_
@Simple_FX_, Thanks for your comment. We appreciate it. Good luck to you as well!
Reply
Met the S2.
😕
+1 Reply
On its way down.
+1 Reply
@pkp1, Thanks for your comment.
Reply
it will go below your entry first and we could see bullish leg. retails trader are trapping by market makers right now. no doubt it will go up but first hit retail trader stop losses
+1 Reply
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