Realisto_FX
Long

EURCHF ABCD Pattern

FX:EURCHF   Euro / Swiss Franc
47 2 4
We could have an ABCD pattern on EURCHF             ? It formed a higher low after respecting a demand zone around 1.03

I will enter long with SL below 1.03 on a daily close , where scenario will be invalidated

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high .
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
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UPDATE : I´m closing this position with small profit. Price didn´t make a higher high above point B and pattern might be invalidated
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UPDATE : EURCHF is breaching the level of 1.0450 , so it could be the next leg up
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