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EURCHF: Potential Pullback Trade Explained 🇪🇺🇨🇭
Euro / Swiss Franc
Long
EURCHF: Potential Pullback Trade Explained 🇪🇺🇨🇭
By VasilyTrader
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Jan 30
5
1
1
Jan 30
https://www.tradingview.com/x/nOrcGIFm/
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.
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Candlestick Analysis
EURCHF
forextrading
fx
fxsignals
fxtrader
fxtrading
Multiple Time Frame Analysis
Parallel Channel
priceaction
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