EUR/CHF Bullish Reversal Setup from Key Support Zone – Targeting

Apr 7

1. Support Zone (Purple Box at Bottom):

The price has tested this zone multiple times (marked by green arrows), indicating strong demand and a potential double or triple bottom pattern forming.

This support zone ranges roughly between 0.93150 and 0.93350.



2. Projected Bullish Move:

A projected move is drawn from the current price level (around 0.93638) to a target zone near 0.94774, which is marked as the "EA Target Point".

This suggests a potential gain of approximately 1.53% (142.7 pips).



3. Exponential Moving Averages (EMAs):

EMA 30 (red) is currently below the

Apr 7

Trade closed: target reached

target point hit