Anderson-FX

EURCHF Very Profitable Pair

Short
OANDA:EURCHF   Euro / Swiss Franc
EURCHF Very Profitable Pair

The pair actually is into a strong support.
-Main drivers for the support is Trend Lines, Supply & Demand Zone
-Look for Ichimoku and the breakout of this
-My main bias is short BTW the technical analysis suggest more corrections
Plan:
-After the correction take short positions
-Keep a RR of 1:5 as minimum
-Dont risk more than 45 pips
-Potential Targets 1.0525-1.0475-1.0450-1.0375
The odds for a drop are good ;)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.