EURCHF - Purple War Zone!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

EURCHF is still overall bearish trading below the red trendline, so we will be looking for Trend-Following Sell Setups as it approaches the upper purple circle.

Moreover, the area 1.086-1.088 is a strong support turned into resistance.

Thus, the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper red trendline. (acting as non-horizontal resistance)

As per my trading style:
As EURCHF approaches the upper purple circle, I will be looking for reversal bearish setups (like a double top pattern, trendline break , and so on...)

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich