Malika_Analysis

BUY EURCHF AFTER PULLBACK

Long
Malika_Analysis Updated   
FX:EURCHF   Euro / Swiss Franc
EURCHF

Buyers are having a field day. We saw price impulse bullish and it's currently rejecting off a solid point of resistance. Price is showing potential to retrace at least 50% of that bullish move before the buyers come into play again. You can also see this as buyers taking profits.

Entry, stop loss and take profit have all been marked. Risk no more than 2%.
Comment:
Adjust entry and enter on market execution now and move take profit to 1.10623
Trade active
Trade closed manually

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.