Euro / Swiss FrancShort
EUR.CHF - Short Opportunity @ 1.0937
Updated
On the EUR.CHF Daily chart we have a potential short opportunity at the D leg completion of bearish Bat setup.
The price reversal zone on this pair is between 1.0937 & 1.0976
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 around 1.0650
Stop loss would be placed above X leg structure resistance.
Target 1 - 1.0817
Target 2 - 1.0743
The price reversal zone on this pair is between 1.0937 & 1.0976
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 around 1.0650
Stop loss would be placed above X leg structure resistance.
Target 1 - 1.0817
Target 2 - 1.0743
Note
For me personally there is now no resistance in the way of price reaching 1.0937A pair to keep on eye out on into early this week.
Note
D leg completion at 1.0937
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