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Emekadavid
May 23, 2020 9:13 PM

Forecast: Short opportunity for EURCHF next week. Short

Euro Fx/Swiss FrancFXCM

Description

Price for EURCHF has been trading in a range for some time. Now, price is at resistance and a high volatility two bar resistance has formed. This is very significant. I think it will push price downwards to the next support. Whatever happens after that support is left to the market. I expect few pips from this short trade. Somewhat like 50 pips.
Comments
Nothing_trading
TradingLive has a set of free instructional videos that I think should be suitable for you.
juliejade86
Great alsysist. So you are definitely expecting a sell this coming week correct?
Emekadavid
@juliejade86, yes, expecting according to my strategy. It's high probability based on the patterns that appeared and market structure.
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