Euro / Swiss FrancUpdated EURCHF - Don't Miss These Trades! 🔥
EURCHF is currently in an expanded flat correction which is made up of 3-3-5 waves.
We are currently on the C wave, subwave 4. Expecting price to retest the fibonacci before moving lower.
SHORT Trade Idea:
- Watch for rejection of fib and you can take a risk entry with tight stops above recent highs
- For safe break, watch for the bear correction to break with stops above the correction
- Targets: 1.023 (150pips), 1.01 (260pips)
LONG Trade Idea:
- Wait for the expanded flat to complete around the 1.01 level
- Enter when you see bullish price action with stops below the lows
- Targets: 1.05 (420pips), 1.064 (550pips)
What do you guys think?
Goodluck and as always, trade safe!
We are currently on the C wave, subwave 4. Expecting price to retest the fibonacci before moving lower.
SHORT Trade Idea:
- Watch for rejection of fib and you can take a risk entry with tight stops above recent highs
- For safe break, watch for the bear correction to break with stops above the correction
- Targets: 1.023 (150pips), 1.01 (260pips)
LONG Trade Idea:
- Wait for the expanded flat to complete around the 1.01 level
- Enter when you see bullish price action with stops below the lows
- Targets: 1.05 (420pips), 1.064 (550pips)
What do you guys think?
Goodluck and as always, trade safe!
Note
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Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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.