EURCHF - Trade set up
A break to either direction adding confluence to 4hr time frame 50 EMA support - 200 EMA 1hr next Support. Could be head and shoulders, too early to say as we do need break to further down side if it is and if not break above 1.00400 areas and re-test of recent highs would be your TP area.
Another day, another great trading opportunities.
Key tip: Follow your own trade plan
Trade Journal
A break to either direction adding confluence to 4hr time frame 50 EMA support - 200 EMA 1hr next Support. Could be head and shoulders, too early to say as we do need break to further down side if it is and if not break above 1.00400 areas and re-test of recent highs would be your TP area.
Another day, another great trading opportunities.
Key tip: Follow your own trade plan
Trade Journal
Note
Bearish momentum...Note
False break to downside, still within range - patience
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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.