Euro / Franc Suisse
Short

EURCHF SHORT

58
Pair in downtrend. Based on 4H and 8H chart I can see a possibility of rejection in entry lines areas (retest of broken supports). There are two entry lines. If you use entry line 1 SL is at same level as entry line 2. Entry line 2 has its own SL. Both SL are calculated as 1 ATR from daily. Don´t enter at entry lines blindly. Don´t FOMO. You have to wait for clear rejection candles (bearish engulfing pattern, evening star). Price will go above the entry line(false berakout) and just when it will close under the line agresivelly (under the previous candle open) then you can go short. When you TP1, set SL to BE and let it run. TP lines are possible pullback zones, so don´t let your profit to dissapear. I will update this idea, when entry conditions are meet. This is not a financial advice. Good luck.

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