EURCHF has exhibited bullish momentum, surging by over 500 pips and breaking above the downtrend trendline. Nonetheless, we anticipate a retracement towards the support level.
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25 pips in profit
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45 pips in profit.
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80+ pips in profit. Secure Some and move SL to Breakeven
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95+ pips in profit. TP1 0.9625
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Slowly but steadily heading towards TP
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TP1 ht 180+ pips running in profit. Close half and move SL to 0.9700 Enjoy 100% accuracy rate
any downsides for me will be just a pullback before hitting more highs. CHF is the weakest currently!
PotentFX
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@JoeChampion, I agree CHF is weak. Even last week's COT reports show such However, EUR will start to get weak in the coming days and CHF pullback is overdue. I will definitely be looking to buy from the support level
AmithMR
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@waheedreh will it give pullback to h4 level? if yes whats the possible buy area or pullback area on h4 time frame?
PotentFX
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@Maheshkmr, You can start buying from 0.9625 but maybe the price can be pushed down to 0.9550 so manage your risk accordingly
AmithMR
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@waheedreh thanks. is it going to sell now or going to make new High first before dump? because i am already in a sell
PotentFX
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@Maheshkmr, We have taken the sell position from 0.9810
AmithMR
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@waheedreh ok thanks. lets hope we wil win
PotentFX
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@Maheshkmr, Are you winning?
AmithMR
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@waheedreh Yeah man. i got good profit. thanks for the analysis. already subbed you. thanks
PotentFX
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@Maheshkmr, Are you still holding? TP2 is Close Going to monitor for buy opportunity