EURCHF Long Setup
After price hit the 1.2 floor we have had a nice 3 waves down. We have exact equal legs into the 8H OB at around 1.07 and the bottom of the channel. Currently we have a LTF reversal pattern forming on the 15min TF. A break of the Head&Shoulders neckline will be my entry. Final target will be the SR-Flip level. This give around 24R
Note
This trade has stopped me out. Waiting for next liquidity level and then I will look for a new reversal pattern. Same trade idea
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Disclaimer
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.