EURCHF - Don't Miss These Trades! 🔥

23 במאי 2022

EURCHF is currently in an expanded flat correction which is made up of 3-3-5 waves.

We are currently on the C wave, subwave 4. Expecting price to retest the fibonacci before moving lower.

SHORT Trade Idea:
- Watch for rejection of fib and you can take a risk entry with tight stops above recent highs
- For safe break, watch for the bear correction to break with stops above the correction
- Targets: 1.023 (150pips), 1.01 (260pips)

LONG Trade Idea:
- Wait for the expanded flat to complete around the 1.01 level
- Enter when you see bullish price action with stops below the lows
- Targets: 1.05 (420pips), 1.064 (550pips)

What do you guys think?

Goodluck and as always, trade safe!

5 ביוני 2022

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