BUY TRADE OPPORTUNITY - EURCHF
Updated
BUY STOP EURCHF (0.9798)
SL: 0.9719
TP1: 0.9871
TP2: 0.9961
#forexsignals, 15/06/2023
Trade Analysis (Technical, D1):
EURCHF has been bearish over time but it now looks like the bulls are returning with a break & retest of an area of value on the chart. RSI is clearly above the 50 level and the formation of a hammer at the support area is indicative of a bullish reversal. I have used a BUY STOP order to time entry such that the trade will be invalidated if price could not break a key area around the 0.9798 level.
Signal Call: BUY STOP EURCHF (0.9798), SL: 0.9719, TP1: 0.9871, TP2: 0.9961. Pls apply proper risk management!
Happy trading
SL: 0.9719
TP1: 0.9871
TP2: 0.9961
#forexsignals, 15/06/2023
Trade Analysis (Technical, D1):
EURCHF has been bearish over time but it now looks like the bulls are returning with a break & retest of an area of value on the chart. RSI is clearly above the 50 level and the formation of a hammer at the support area is indicative of a bullish reversal. I have used a BUY STOP order to time entry such that the trade will be invalidated if price could not break a key area around the 0.9798 level.
Signal Call: BUY STOP EURCHF (0.9798), SL: 0.9719, TP1: 0.9871, TP2: 0.9961. Pls apply proper risk management!
Happy trading
Comment
Sorry, I meant to say Tradingview trade analysis...not Telegram group pls. Hope you get the idea guys.
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