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Eurobuy

EURCHF - BUYS - 9th September 2019Hi Traders, here is my analysis for EURCHF BUYs. The trade is not ready yet, but this is what I am looking to play out. Theres clear traffic straight into a resistance level for a start. For those who don't understand clear traffic, it is usually when a succession of candles of the same colour head into a zone, and price reverses to usually take out those candles from these key levels. If we combine this theory with 61.8% fibonacci retracement for some institutional buy orders, which are conveniently set at the break and retest of weekly support.. this looks good. Let's see what price does. :)
Long
by Bradmerry