As we can clearly see
EURCHF
has retested resistance and rejected on the 4 hr. Looking at the weekly chart depending on how the candle closes out we could see a bullish week ahead. As shown current weekly time frame shows a clear tweezer bottom candle formation.
Also hit 61.8% fib retracement on the monthly.
Possible pullback to 1.1205 wait for confirmation.
Target area 1.15
EURCHF
has retested resistance and rejected on the 4 hr. Looking at the weekly chart depending on how the candle closes out we could see a bullish week ahead. As shown current weekly time frame shows a clear tweezer bottom candle formation. Also hit 61.8% fib retracement on the monthly.
Possible pullback to 1.1205 wait for confirmation.
Target area 1.15
Trade active
Trade closed: target reached:
Target reached 1.147 trade closed at 1.146
210 pips profit.
210 pips profit.