There is H4 supply level, that can cause price decline to H4 demand level. and we can expect the decent short opportunity.
It will comes down Market ready to go down Wait and move Will manage the money management
1 support Area. So up side trade think . support resistance bass
EUR CHF upside move possible Buying above the 0.94442 Stoploss0.94048 Target 0.96496
We saw EURCHF Short Because, EURCHF Rising Wedge Breakout or make Double Top
EURCHF#4H-Bearish #Sell Setup #Risk:Reward/1:4#Go With Confirmation
FX:EURCHF -- Stage of exaustion now EURCHF as Swept all lower Buyer Failed break higher Highs. Lets See Market in Action . above formed M pattern multiple Support and resitance In higher Time Frame.
We saw EURCHF Long Because, EURCHF Descending Trend Line Breakout or 61% Retracement Complete.
We saw EURCHF Short Because, EURCHF Follow Bearish Trend or Moved in Falling Wedge.
As It can be seen on the chart, my favorite setup is creating. Strong daily support involved H4 demand zone that is confluence with H1 support nested. thus I expect it cause the very decent opportunity for long entry with propriate R:R.
Price arrived to daily strong resistance level and at H1 time frame break the upward trend line and it create a new supply zone, when price pullback to this supply we have the propriate short opportunity.
here some idea's for sell and buy find your entry and just entry without any indicator you can see chart more clear
A triangle breaks out in EURCHF—possible bullish movement up to 0.95979 SL - 0.95337
peice action shows sell on rise. this is only my view kindly trade asper. ur setup
EUR CHF downside move possible Selling below the 0.95850 Stoploss 0.96059 Target 0.95419