Firstly I used the weekly chart to find the Support and Resistance lines.I also identified engulfing candlesticks which met my criteria.
I then repeated the process on the 4 hourly chart.
Current price is 0.9127
Target is 91 pips (1%) = 0.9207
Stop Loss 9pips 0.9105
CHFEUR Correction Movement. According to our strategy, the exchange rate correction is carried out. This movement will be quite volatile. This is also shown in the figure. It is assumed that the correction moves to 0.9049 levels. There will be a more permanent downturn. At the beginning at a lower speed.