My previously prediction is that price would go from bearish to bullish within the green killzone area. As you can see, the previous resistance level was never broken to confirm that price would reverse. I am currently waiting for a higher high, higher close to form and for price to break the current resistance level before entering.
EURCHF - Trade Idea (Medium Term)
I've been long EURCHF for while, I have scaled out in my positions mostly but now the key pull back occurring is a very interesting area!
Technical Aspects:
Support: 1.09095, 1.08390, 1.07440, 1.06420
Resistance: 1.10295, 1.11490, 1.12685, 1.13605
Pattern: Smaller term, wedge. Longer term, channel.
200 EMA - Key resistance...