DING DONG :-) -Target reached -22 Pips - nice one !

FX_IDC:EURCHF   Euro / Swiss Franc
64 0 8
The 1-2-3 Breakout-Setup worked very well. Just in this Moment the Pair reached my preferred TP @ 1.0744 and possibly is forming a new "2" High- Nice one :-) 22 Pips for free :-) This should not be the end of this wave...On higher timeframes the breakout is in full swing!
Former Analysis:
Shortterm 1-2-3 Breakout-Setup
Here an intraday example for an 1-2-3 breakout.
Stoppbuy @ 1,0722 SL 1.0703 TP 1.0744

Higher timeframe-Analysis: Bearish Wedge & Resist versus Breakout Here are two trading possibilities: LONG or SHORT

Bullish Szenario: Stop Buy @ 1.07018 (valid "2") SL 1.06543 (below the wegge bottom edge :-) ) TP: 1.07903 (trendchannels upper edge)
Bearish Szenario: Fix the actual Level @ 1,069 SL 1.07018 TP1: 1.06608 ( wedge bottom edge) TP: 1.0618 (trendchannel bottom edge)

I prefer the Long Szenario, because i am a trend follower and breakout trader :-)

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out