Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EURCHF BULLS TO TAKE OVER AGAIN! 📚
👉As we mentioned previously in our analysis attached on the chart, price was around an interesting zone, where we were looking for new longs, price broke above our triangle and traded higher, to be approaching our resistance zone looking for new bearish movements.
👉Moreover, and for now price is approaching our previous major low on higher time frame, where we will be looking again for new longs, and for the bulls to kick in we need a break above the marked swing high, then a movement higher would be expected.
And as usual 1-2 risk to reward ratio from a risk management perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
EURCHF BULLS TO TAKE OVER AGAIN! 📚
👉As we mentioned previously in our analysis attached on the chart, price was around an interesting zone, where we were looking for new longs, price broke above our triangle and traded higher, to be approaching our resistance zone looking for new bearish movements.
👉Moreover, and for now price is approaching our previous major low on higher time frame, where we will be looking again for new longs, and for the bulls to kick in we need a break above the marked swing high, then a movement higher would be expected.
And as usual 1-2 risk to reward ratio from a risk management perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!