Piet.Hein
Long

EURCHF Analysis

FX:EURCHF   Euro Fx/Swiss Franc
570 4 42
Here is the trade:

EURCHF Long - I
Comment: Its consolidating, if breaks to the downside, soon it could form a setup around the highlighted area to buy.
Comment: things are starting to get interesting, a lot o buyers around current level.
Comment: I agree with that: http://www.fxstreet.com/analysis/einstitutional-views/2016/03/02/
Comment: Nice weekly bullish hammer, just at the upper triangle support. Nice, maybe we are close to the end of this correction, but still waiting a setup to go long.
Comment: Will this pair keep following my arrows? hahahaha nice
Comment: Is it warming up for a upward breakout? Looks like!
Comment: Just entered!
EURCHF Long - I
Comment: is it finally starting to go up again? I think so

snapshot
Comment: Going up again
Hi Piet,
I think it is bearish in Daily.
snapshot
Reply
Piet.Hein Heribud
Hi mate, nice analysis, indeed it looks bearish on a shorter term, but on the long run I believe it will go upper. Just need to form a nice bullish setup to enter. :)
Reply
Thanks Piet. Veeery interesting....So what tp are we looking at here?
Reply
Piet.Hein HumphreyNR
Hi mate, for now we are just watching, we need a setup before entering. If I see one I will publish. Then we can think about the TPs :)
Reply
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