TradingView
VasilyTrader
Jan 30, 2024 12:39 PM

EURCHF: Potential Pullback Trade Explained 🇪🇺🇨🇭 Long

EUR/CHFOANDA

Description



EURCHF is currently consolidation within a strong horizontal support.

To buy the pair with a confirmation, wait for a bullish breakout of a resistance
of the range on a 4H time frame.

4H candle close above 0.9362 will confirm a violation.
A bullish continuation will be expected at least to 0.9385 then.

If the price sets a new lower low, the setup will become invalid.

❤️Please, support my work with like, thank you!❤️
Comments
VasilyTrader
Wait for a breakout of a resistance of the range,
it will give you a strong bullish confirmation
More