🎗Pair of Name
EURCHF
( Euro / Swiss Franc )
🗨️Time Frame : 12h
✔️Direction : Long
➕Type : Middle Channel Band break + VP Poc Break - upper Band
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The Bullish side. as we can see price has been on the clear bullish side ever since the start of the year. Along with that, Price broke the liquidity trend line. And we are now in expectations of a break of Quarter high and bullish retest at area 0.98750$ continuation phase. Our main target will be focused on the upper band at 1.02940$ In the meantime, be sure to take profits at area 1.01000$ ( Quarter high ) Good trade opportunity 400 PIP!
For the bearish side. We can see the price is currently rejecting. This area and we might see a retest of area 0.96800$ This area is also the weekly low. And if you take a look on the volume profile, doesn't seem to have a lot of volume. Meaning Ellis interest area is been taken at this point. The POC line is at where we are expecting a bridge resist before breaking out
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❗Important Trading Area's
Hope this helps you!
EURCHF
( Euro / Swiss Franc ) 🗨️Time Frame : 12h
✔️Direction : Long
➕Type : Middle Channel Band break + VP Poc Break - upper Band
————————
The Bullish side. as we can see price has been on the clear bullish side ever since the start of the year. Along with that, Price broke the liquidity trend line. And we are now in expectations of a break of Quarter high and bullish retest at area 0.98750$ continuation phase. Our main target will be focused on the upper band at 1.02940$ In the meantime, be sure to take profits at area 1.01000$ ( Quarter high ) Good trade opportunity 400 PIP!
For the bearish side. We can see the price is currently rejecting. This area and we might see a retest of area 0.96800$ This area is also the weekly low. And if you take a look on the volume profile, doesn't seem to have a lot of volume. Meaning Ellis interest area is been taken at this point. The POC line is at where we are expecting a bridge resist before breaking out
————————
❗Important Trading Area's
- Quarter High Bearish Reversal Area 0.98540$
- Channel Upper Band Bearish Reversal Area 1.02940$
- Weekly low Bullish Reversal Area 0.96800$
- Quarter's Low Bullish Reversal Area 0.92555$
Hope this helps you!
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