EURCHF has revisited the horizontal support area on the weekly timeframe chart.
🔍 Analysis:
Anticipating a re-test of key support levels (see chart). Trade decisions based on technical analysis and candlestick patterns.
📊 Long-term Trades:
Ensure sufficient margin for market fluctuations. Employ proper risk management based on your account size.
📜 Trading Rules:
Rule 1: Close some trades at Target 1 or set STOP LOSS to ENTRY for safe trading. Rule 2: Avoid new trades on the same signal after reaching Target 1. Rule 3: Close trade during market consolidation of over 2 days; wait for the next opportunity.
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