EURCHF - Near death Experience
Short update from my setup in the EURCHF 
EURCHF
The last day brought a very intimidating drop which almost triggered my Stop-Loss.
I am now expecting that we finished Wave 2 in an ABC Formation and are now waiting for a impulse to start Wave 3.
However the chances for a solid uptrend decreased and it has become unlikely that we will see any impressive bull run.
But i am still speculating that Wave 3 will start soon and therefore i won't close my Long Position.
2# Long
Long at: 1.0782
Profit Targets: 1.10 and 1.13
Stop-Loss: 1.0750
1# Long
Long at: 1.06397
Profit Targets: 1.10 and 1.13
Stop-Loss: 1.06397
EURCHFThe last day brought a very intimidating drop which almost triggered my Stop-Loss.
I am now expecting that we finished Wave 2 in an ABC Formation and are now waiting for a impulse to start Wave 3.
However the chances for a solid uptrend decreased and it has become unlikely that we will see any impressive bull run.
But i am still speculating that Wave 3 will start soon and therefore i won't close my Long Position.
2# Long
Long at: 1.0782
Profit Targets: 1.10 and 1.13
Stop-Loss: 1.0750
1# Long
Long at: 1.06397
Profit Targets: 1.10 and 1.13
Stop-Loss: 1.06397
Trade closed: stop reached
Stop Loss reached - Loss of 31.9 PipsNote
1#Long is still 135 Pips in Profit, stay tuned
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.