As we progress this week the EURCHF
is literally side ways giving pattern traders the upper hand. If the market continues lower, we could look to buy the EURCHF
back into support structure at 1.0615 which lines up with the bull butterfly
. Slightly above we have an AB=CD harmonic
move which further gives me confidence about the direction of the market. However if the market shoots up, we could look to sell at the bear Cypher
as counter trend traders. Well with this we are pretty much 3 steps ahead of the market and it is clear as day light on what we must do if Price Action reaches or target zones.
Good Trading Guys