TheSocialInvestor
Short

EURCHF Possible Sell Setup

FX:EURCHF   Euro / Swiss Franc
Multiple Bearish confluence factors and rejections on the weekly PRZ coupled with a break and respective retest of the previously supportive-- now resistive ascending trend-line.

Details on the chart.

Wait for a break and close confirmation.

Happy Trading!
Comment:
Comment:
Comment: Target 1 :)
Comment:
Trade closed: target reached: Target 2 Reached +168 Pips
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Awesome Analysis you have.

My View On EUR/CHF (3 Aug 2018)

Strong Term Swing Play.

1. We need to have D1 candle to end with a decent Bull PA
2. Expect it to go to 1.158 first.

3. This analysis is wrong if 2 BEOB (or) the price goes below 1.148







Reply
@SonicDeejay, Thanks!
Reply
Hi @TheSocialInvestor

What das "Weekly PRZ" mean?
Reply
@scalan, PRZ = Price reversal zone, and weekly indicating the price is reversing on the weekly time frame at or around these levels.
Reply
scalan TheSocialInvestor
@TheSocialInvestor, Thanks. Is that an indicator or how do you retrieve the value?
Reply
@scalan, No indicators, simply looking at market structure
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i like this idea, thank you for perfect analysis ;-)
+1 Reply
@martin2048, Thanks for the comment, Martin :D
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