EMA_Trading

EURCHF ↗️ ↘️ Triple Bottom Chart Pattern

EMA_Trading Updated   
FX:EURCHF   Euro / Swiss Franc
Hello Everyone 🙋🏽‍♂️

As we could see at the end of the descending channel,
we had 3 bottom and the most recommended movement after the triple bottom is a ascending trend, so we had two scenarios her as we could se on the chart,

1️⃣ first one is the ascending trend which is the most common move to this pattern after testing the price 0.96200

2️⃣the second one is the descending move in the rectangle which is it possible movement after the price change the channel movement 0.95800 and which I don't prefer to trade it .

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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
Trade active:

📍 As we could see we had FVG candle due to the interest rate of the Chf that didn't cross the 1.75 and some other news at the beginning of the London session.
So at this point we have a good point entry just wait the price to retest the fvg zone then go ahead with a bullish trade .

Good Luck everyone .
Trade closed: target reached:
Good Luck .

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