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Jollymolly
Feb 13, 2020 5:45 AM

Eurchf Buy Setup as per Old Chart Patterns!!!! Long! Long

EUR/CHFOANDA

Description

Eurchf Buy Setup as per Old Chart Patterns!!!! Long!

Risk reward is very high.. correction in eurchf is expected.. stop is 1.06 and tp towards 1.07 and 1.08!

Comment

one thing to note is... its a weekly chart!!!!!!!! and eurchf is very clumsy pair... expect some time either to hit stop or to go in expected direction!!!! :-]

Comment

It's still holding but I think it won't hold for long as euro is very weak.. Right after 31st January Brexit day.. Euro is keep on tumbling with literally no retracement!!!!! And Pound is rising.. I think market not happy with Brexit with euro!!!!! For now any jumps in Euro will be taken for sell.. Eurusd is now close to complete its 2017 gap of 1.0724.. Let's see!!!

Comment

Eurchf at resistance.. watch out!!! it can slump down from here.. sell side stop 1.0655

Comment

This is a very high potential deal setup towards upside.. 200 pips upside awaiting above 1.06!!!!!! going above 1.0655 will confirm reversal..
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