Ozguruki

Nice price action on the left for EUR/CHF to pick the bottom

Long
OANDA:EURCHF   Euro / Swiss Franc
Price action on the left which marked with blue box is apperently a form of a dip for EUR/CHF .Fib 78.6 is holding and from my perspective there is 1-2-1 candle forming on 4h chart.Im long here with a tight stop loss.
Comment: Let me explain more .Price action on the left is a kind of losing mommentum type of movement and and 78.6 is critical key for me to hold the price and beyond that Eur picked a nice bullish momentum for other pairs .İf it works ı try to follow beyond the swings or daily or 4h 50 MA.
Comment: Moved stop loss to breakeven yesterday .Will make another try if bounces from certain areas.

Comments

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