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olly48
Feb 10, 2021 9:39 AM

EUR/CHF Ascending Triangle Long

Euro / Swiss FrancFOREX.com

Description

This is at support so looking for a rejection to long up to resistance and the top of the ascending triangle. EUR is quite weak at the moment so some risk to this, it is further protected though by the lower trendline which I have placed the SL just below. TP is at the previous high of 1.08680. To be on the safer side wait for price to reject this level and EMA's to come close to cross back higher.
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