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Eurchflong

Jamie Trade Idea - Buying EURCHFTrade Idea: Buying EURCHF Reasoning: Broke above short term resistance, retesting with bullish candle forming Entry Level: 1.03190 Take Profit Level: 1.03840 Stop Loss: 1.03010 Risk/Reward: 3.61:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Long
by Signal_Centre
1
EURCHF BUY TRADE IDEAEURCHF Daily structure we have been bullish. Current market structure shows us currently around a possible Higher low. 4H downtrending but have finally show bullish momentum by closing above previous high. Looking to enter trade at a higher low by looking at lower timeframes for entry. 1H we have closed above previous high and created a new trading range. Fibonacci is placed from low to new high and anticipating a retracement in the snipe zone 78.6% - 88.6%. Entry is at the last bearish candle on 5m timeframe within the snipe zone. If price continues to go above high before hitting entry, will update trade for next possible entry!
Long
by nonstopkev888