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Euro / Swiss Franc
Short

EURCHF: Classic Structure Trade Explained 🇪🇺🇨🇭

By VasilyTrader
snapshot

Hey traders,

EURCHF is standing on a key level.
1.083 - 1.085 is our potential reversal zone.

Our confirmation to short is a bearish breakout of 1.0827 - 1.0832 minor horizontal support.
Its violation will match with a breakout of a rising wedge pattern.

Then sell aggressively or on a retest.

Goals:
1.079
1.075

In case if the price sets a new higher high higher close on hourly,
the setup will be invalid.

EURCHFforextraderfxmarketMultiple Time Frame AnalysispriceactionSupport and ResistanceswingWedge
VasilyTrader
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