EURCHF / H1 / LONG
EURCHF may rise from the bullish order block
EURCHF is currently approaching a bullish order block between 0.93862 and 0.93774. Based on Smart Money Concepts (SMC), there are higher chances of upward movement from this zone. We can expect buyers to push the price higher as it consolidates within the order block.
Entry Price: 0.93862
Take Profit: 0.94099
Stop Loss: 0.93625
This analysis suggests a favorable opportunity to open a long position, leveraging the strength of support in the order block.
EURCHF is currently approaching a bullish order block between 0.93862 and 0.93774. Based on Smart Money Concepts (SMC), there are higher chances of upward movement from this zone. We can expect buyers to push the price higher as it consolidates within the order block.
Entry Price: 0.93862
Take Profit: 0.94099
Stop Loss: 0.93625
This analysis suggests a favorable opportunity to open a long position, leveraging the strength of support in the order block.
Trade active
open long position now.Trade closed: stop reached
Unfortunately it broke the Resistance! 
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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.
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.