Euro is further weakening. We are waiting for confirmation here with our members in order to take a nice sell with a nice risk to reward and probabilities for a massive push to the downside.
Price bounced off level at 1.0662, I go long.
Hello Traders, EURCHF looks like a good long Do you like this idea? Share your thoughts in the comments. Always feel free to like, share and follow for more amazing content. Thank you for your support and Happy Trading!
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The best entry on this short opportunity is patience to wait for price to test the down trend channel resistance (making a new LH), that will give your the entry with low stop loss in number of pips.
Hitting 50-61.8 lvl on fib triple top on 1hr hitting double resistance
EURCHF breaks a trendline and completes a head and shoulders, shorts looking promising.
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!