simple_don

Next bull run about to unfold in EURCHF

Alış
simple_don Güncellendi   
FX:EURCHF   Euro / İsviçre Frankı
5
Hi after a corrective move from 1.091 back to 1.085 support has held.

at the European open buyers have come in strong after the ending diagonal (wedge pattern).

Expect a retrace to 1.085 pull back before a run to target > 1.091.

Long 1.088, 1.086 looking to add final layer 1.085

Any move below 1.084 would invalidate the bullish scenario.

IF this occurs I take a 100 basis point loss.
IF the bullish scenario unfolds i take a 650 basis point win.

Over to the market.

İşlem elle kapatılmış:
I have chosen to close this position out manually because I am chasing other ideas in XPTUSD, WHEATUSD, PLUG and CSIQ.

i still think there is a major uptrend developing in this market but capital is on the table elsewhere.
Feragatname

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