EURCHF: Catching Bullish Wave Long

Euro Fx/Swiss FrancFXCM

Description

⋅ Aug 11, 2020 2:00 PM

EURCHF shows a positive reaction to a support line of a rising channel on 4H.

to catch a bullish wave, I would suggest waiting for a bullish violation of a bull flag on 1H (1H candle close above).
then we can initiate long position.

target levels:
1.0787
1.085

good luck!

Comments

VasilyTrader

⋅ Aug 11, 2020 2:01 PM

do you agree with my plan?

InkyGrip

⋅ Aug 11, 2020 2:34 PM

@VasilyPonomarev, yes dude :)

VasilyTrader

⋅ Aug 11, 2020 9:25 PM

@plancton0618, good idea!

Phi-Deltalytics

⋅ Aug 11, 2020 4:31 PM

Thanks for sharing!

VasilyTrader

⋅ Aug 11, 2020 9:25 PM

@Phi-Deltalytics, you are welcome 🙏

makgalegwangwa18

⋅ Aug 11, 2020 4:05 PM

Like your ideas. Thanks. keep it up.

VasilyTrader

⋅ Aug 11, 2020 9:26 PM

@makgalegwangwa18, thank you 😊

ProjectSyndicate

⋅ Aug 11, 2020 2:14 PM

great technical summary and setup. thank you for sharing!

VasilyTrader

⋅ Aug 11, 2020 2:31 PM

@ProjectSyndicate, you are welcome my friend!