The808Trader

More Swiss Power!? - EUR/CHF Second Swing Entry

Short
FX:EURCHF   Euro / Swiss Franc
This pair has been treating us very nicely on our swing trade from a couple weeks ago. I am looking to add to it on another break of price structure support. If we can break and close below the new entry level I've drawn out in yellow, then I'll enter my sell and aim for the same major price structure low we've been looking for from our first swing trade. In the scenario that we get a move up first instead, we can look for a kijun sen rejection as an alternative entry. If either of those scenarios fail to play out, this setup may become invalidated.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.