Hello my friends,
Today i found a nice setup on EURCHF pairs.
As you can see there is a possibility the recent downward movement looks like a bullish flag.
The downward movement also stop at 61.8 fibonacci retracement so i think we will see upwards movement again soon.
Our target will be the recent top of EURCHF at 1.0885
This is simple analysis and don't need to overcomplicated it.
Buy EURCHF 1.0807
Stop loss 1.0785
Take profit 1.0885 (3.5R)
RR Ratio 1 : 3.5
Use only 1-2% risk
Good luck
Today i found a nice setup on EURCHF pairs.
As you can see there is a possibility the recent downward movement looks like a bullish flag.
The downward movement also stop at 61.8 fibonacci retracement so i think we will see upwards movement again soon.
Our target will be the recent top of EURCHF at 1.0885
This is simple analysis and don't need to overcomplicated it.
Buy EURCHF 1.0807
Stop loss 1.0785
Take profit 1.0885 (3.5R)
RR Ratio 1 : 3.5
Use only 1-2% risk
Good luck