On the EUR.CHF Daily chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 1.0663 & 1.0622 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move. There is also an opportunity to look for extended targets at 1.0939 Stop loss would be placed below X leg structure support.
Target 1 - 1.0792 Target 2 - 1.0874
Note
Price closed below 1.0684 which gives us an indication a push lower is possible in the coming days.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.