LONG here and stop 1.1245 .We have a fib. cluster on daily and 4h charts on 78.6 level.Price has consolidated on left and squezzed .On my broker chart i can draw a 3 touch bounce right now which you can see only a 2 touch trend line.So a valid setup here.But let me explain these kind of trades are more often than losses and they for people who have a patience...
After 2 losses as i published before (2 of them moved to break even) This is needs to work.However this month actually was hard for reversal trades due to christmas i think.
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.