Mendenmein-Capital

EURCHF - Start of Wave 3 - Profit

Long
FX:EURCHF   Euro / Swiss Franc
Hello dear Forex Traders

Another Update on my position in the EUR/CHF, in which i am currently LONG since the bottom of the Big wave 2.
Everyone who went LONG with me can be happy, that Wave 2 ended after a long Correction.

I am still expecting that the EUR/CHF will reach 1.13 or more in the next weeks/months.

I will go LONG again very likely in the Blue Wave 2 (Corrective), which will bring us back to approximately 1.0675.

Current Trade Setup: EURCHF

Long at: 1.06397
Profit Targets: 1.10 and 1.13
Stop-Loss: 1.05880
Trade active:
Still Long

If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
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