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FieryTrading
Nov 6, 2020 1:36 PM

EUR/CHF Tumbling Down - Multi Year Analysis Short

EUR/CHFOANDA

Description

EUR/CHF has been inside this falling channel since the start of 2018. Every time the price gets close to the trend line areas of the channel, the price reverses.

Consider exiting your a part positions at the first target, since it might be an area of short time reversal.
The second target are is place at the 1.272 Fibonacci extension, any further than there would be quite a risky profit target.
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