EUR/CHF H1 long opportunity

FX:EURCHF   Euro / Swiss Franc

My idea on EUR/CHF:

Daily chart - strong upside movement. There is still space between the last aggressive sell ( space to buy).

H4/H1 - I saw the price was pulling back towards the recent H4 support super slowly. As it was pulling back it made a low and then
a lot of unsuccessful attempts for new lows from the same area, making me thing this resistance is becoming weak in zone of buyers.
So, I took a buy here with a SL below the entire botm area (1.1670), targeting the highs.
Comment: I am closing all positions at breakeven because of libor rate news today. Spikes are likely and this particular analysis was based on small time frames which make the stops vulnerable during such news events.
Comment: Re-entered.
Comment: Managed to close this one manually at 70% profit. Just noticed that my tp was missed by 5 pips or so.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out