EURCHF W4 May 2021
EURCHF
Long Setup
Continuation trade: [EURCHF W3 MAY 2021]
👉🏻 Similar to EURGBP, it is making a pullback on its minor trend, still holding with strong demand zones in the lower timeframe, hence the consolidation at the area. Market order will not be placed straight, it must still be monitored. Targets have moved down too, since Wave-5 is usually equals to Wave-1, price will touch just at the previous highs of 1.11500. We analyse again IF price breaks said level.
Long Setup
Continuation trade: [EURCHF W3 MAY 2021]
👉🏻 Similar to EURGBP, it is making a pullback on its minor trend, still holding with strong demand zones in the lower timeframe, hence the consolidation at the area. Market order will not be placed straight, it must still be monitored. Targets have moved down too, since Wave-5 is usually equals to Wave-1, price will touch just at the previous highs of 1.11500. We analyse again IF price breaks said level.
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