BullmarketFX

EURCHF long swing setup

Long
OANDA:EURCHF   Euro / Swiss Franc
EURCHF on the weekly timeframe market has closed with a big bullish candle above resistance i am expecting the next weekly candle to fill in the wick, on the daily timeframe market has made this huge bullish impulse breaking above support followed by a nice correction which has hit the 0.382 fibonacci. now i am expecting the continuation to the upside and market to form a new higher high from a daily perspective. We will be waiting on the 4hr timeframe to see if market will meet our entry rules BEFORE taking a nice long, we will only enter if all our rules are met.
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.