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Malika_Analysis
Sep 17, 2019 4:13 PM

BUY EURCHF AFTER PULLBACK Long

Euro Fx/Swiss FrancFXCM

Description

FX:EURCHF

Buyers are having a field day. We saw price impulse bullish and it's currently rejecting off a solid point of resistance. Price is showing potential to retrace at least 50% of that bullish move before the buyers come into play again. You can also see this as buyers taking profits.

Entry, stop loss and take profit have all been marked. Risk no more than 2%.

Comment

Adjust entry and enter on market execution now and move take profit to 1.10623

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