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Elrouby
Nov 12, 2021 1:29 PM

eurchf Long

Euro Fx/Swiss FrancFXCM

Description

Why are we entering?
- Approaching major structure level
- Anticipating EUR strength and possible CHF weakness = EURCHF LONG

What is our confirmation?
- Bounce off the structure level
- 2H trendline hack (2H EMA is respecting price - will be using that for confirmation)
= WFB break


Entry
SAFE Entry: Bounce off structure and then WFB
Risk Entry 1: break of WFB without the bounce

Once entered, where will our Stoploss be?
- below the major structure level

Where do we take profits?
First TP: 1.07
Second TP: 1.093
Third TP: 1.3
Comments
JoeChampion
Great work
Elrouby
@JoeChampion, thank you bro
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