Trade idea - EURCHF Long

Oct 16

4H

Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone .

Deceleration box received at entry zone.

= Instant market execution Buy.

1.5% risk.

Aiming to take full profit at Daily TP.

Oct 16

Note

MONTHLY

Double bottom pattern potentially in play.

Clear support zone is there.

Oct 16

Note

WEEKLY

Inverse Head & Shoulders pattern can be in play.

Clear support & resistance zone is there.

Oct 16

Note

DAILY

Bullish impulse: indication.

Still trending down making LLs / LHs.

Inverse Head & Shoulders pattern: confirmation.

Clear support & resistance zone is there.

Oct 16

Trade active

Active!

Oct 16

Note

Risk free.

Oct 18

Trade closed: stop reached

Break even.