EURCHF Long Opportunity
The EURCHF had previously finished a counter trend on the daily chart and was in prime to continue long into an uptrend after finding a support level of around 100903. Going down to the 4hr chart Price went long till an area of resistance of 1.03586. Price would retrace into a support area between 1.01873 and 1.02326. After Lowering down to the 1hr chart for entry at 1.02268, my stop loss below the support zone at 1.01767 created a 4:4 risk:reward ration.
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