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Mark133

EUR/CHF (Daily) - Triangle Pattern Breakout

Euro / Swiss Franc (FX:EURCHF)  
Mark133 Updated   
FX:EURCHF   Euro / Swiss Franc
Chart Patterns Forex euro frank EURCHF currency analysis eurofrank pattern
2
0
chartpattern forex euro frank eurchf currency analysis eurofrank pattern
Analysis:
* (Monthly) Downtrend channel breakout
* (Weekly) Reversed Head & Shoulders Pattern - neckline breakout
* (Daily) Triangle Pattern - upper boundary breakout, test & bounce

Setup:
* Entry: 1.0830 (buy stop)
* Stop Loss: 1.0785
* Target: 1.1100

Risk/Reward Ratio: 1:6
Trade active:
Pending Order (buy stop) triggered.
Trade closed: stop reached
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