The descending channel pattern on D1 chart of EUR/CHF shows a potential for a bullish breakout. The pattern's borders are shown with the yellow lines. My potential entry level is shown with the cyan line. My potential target level is the green line. Stop-loss will be set to the low of the breakout bar (not on the chart).
More information, chart template, and free EA to trade this pattern in automatic mode on http://www.earnforex.com/blog/descending-channel-on-eurchf-daily-chart/
Entered at 1.08985 with SL = 1.08599 and TP = 1.10454.
Trade closed: stop reached:
Reached stop-loss at 4:21 GMT on November 20, 2015.
You can find a lot of detail about my trading ideas in my blog - https://www.earnforex.com/blog/. You will also find useful tools to find, build, and trade similar patterns - all completely free.