Usually I don't follow this pair, but my friend Piphunters published this setup today and I agree with him, now Im already on the trade!
Trade active since yesterday, just have fogotten to update
For those who didint take the trade and want to enter, there is still time, read this (I agree with this publication): http://www.forexcrunch.com/eurchf-technical-analysis-buying-dips-favored/
Moving SL to break even
Trade closed: target reached:
After last week fall I closed my position with some good profit, now looking for a good opportunity to buy again.
Greater than 1.12, up to 1.16,or if possible even better. We need to watch how will be price action next days and weeks. Probably on the next upward move (if there is one, what is very likely) there will be a consolidation, then we need to wait this future consolidation to breakout, if it be upward direction we can let the trade running, if it be downward, could be good to close. Lets wait and watch. Are you on this trade? good luck!