Why are we entering?
- Approaching major structure level
- Anticipating EUR strength and possible CHF weakness = EURCHF LONG
What is our confirmation?
- Bounce off the structure level
- 2H trendline hack (2H EMA is respecting price - will be using that for confirmation)
= WFB break
Entry
SAFE Entry: Bounce off structure and then WFB
Risk Entry 1: break of WFB without the bounce
Once entered, where will our Stoploss be?
- below the major structure level
Where do we take profits?
First TP: 1.07
Second TP: 1.093
Third TP: 1.3
- Approaching major structure level
- Anticipating EUR strength and possible CHF weakness = EURCHF LONG
What is our confirmation?
- Bounce off the structure level
- 2H trendline hack (2H EMA is respecting price - will be using that for confirmation)
= WFB break
Entry
SAFE Entry: Bounce off structure and then WFB
Risk Entry 1: break of WFB without the bounce
Once entered, where will our Stoploss be?
- below the major structure level
Where do we take profits?
First TP: 1.07
Second TP: 1.093
Third TP: 1.3
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.