CromerKing

Daily break and 73% retracement and up it goes.

Long
FX:EURCHF   Euro / Swiss Franc
We've seen a break of the downward trendline and now we've had a retarcement into the 73% zone, my preferred area to go long. This is a perfect set up for me to go long and a great risk-reward to the 38.2% fibo retracement line of the downward leg. Potential for this to go further.

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.