EURCHF is down too much, now it should go up. It's below a strong level around 1.0610, which is where I opened long some time ago.
There is a falling wedge or triangle below. Smart would be to wait for a breakout, so you'll know which way it will go. I think it's gonna go up, because it went down too much already and must make a retracement at least.
Most safe way would be to trade off a bounce from level at around 1.0610. It's a strong level, it touches candles in 2015, 2016, 2017.
Price is gonna explode somewhere and soon. Much more likely that it will go up, imo.
There is a falling wedge or triangle below. Smart would be to wait for a breakout, so you'll know which way it will go. I think it's gonna go up, because it went down too much already and must make a retracement at least.
Most safe way would be to trade off a bounce from level at around 1.0610. It's a strong level, it touches candles in 2015, 2016, 2017.
Price is gonna explode somewhere and soon. Much more likely that it will go up, imo.
Note
I don't have such a favorable outlook anymore, I moved stop loss higher and I'll close my trade if price breaks below.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.