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darcsherry
May 28, 2022 10:06 PM

EURCHF | Perspective for the new week Long

Euro Fx/Swiss FrancFXCM

Description

Despite the general expectation of a break under April’s 1.009 lows in the nearest future; I am of the opinion that a bullish bias from this juncture in the market is also a possibility if a breakout/retest of the key level at 1.03400 happens in the new week. So, this video explains in detail what approach I shall adopt to take advantage of any potential impulse move.

Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.

Trade active

Comment

Price action is back within our entry zone as we look forward to a reversal pattern to take advantage of the potential rally.



Update coming soon!

Trade active

Re-entry triggered

Trade active

We move stop to break even

Trade closed manually

Trade closed at break-even and set-up disregarded

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