Will it succeed this time?One of the longest ranges at the moment is at EURCHF. We have already had the opportunity to look for returns from both levels several times.
With each subsequent movement, however, the probability of a breakthrough increases! Now it seems much more likely to see a break up after the price has already come out once, but has returned sharply. We also have a higher bottom, which is the first sign of upward movement. To be confirmed, however, we must see a breakthrough in the range and the previous peak!
You can look for riskier entrances with a good ratio at the moment or wait for confirmation of a situation after a breakthrough.
In any case, this is one of the interesting opportunities that we will look for.
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