EURCHF - Long
Why are we entering?
- Expecting EUR strength and CHF weakness = EURCHF LONG
- Approaching local double bottom
- If we dont bounce from here, watch bigger double bottom at 1.05
What is our confirmation?
- Bounce off the structure level (either one)
Entry
No Safe Entry.
Risk Entry: Bounce off either double bottom
Once entered, where will our Stoploss be?
- below the whichever structure level price bounces from
Where do we take profits?
First TP: 1.07
Second TP: 1.093
Third TP: 1.3
Why are we entering?
- Expecting EUR strength and CHF weakness = EURCHF LONG
- Approaching local double bottom
- If we dont bounce from here, watch bigger double bottom at 1.05
What is our confirmation?
- Bounce off the structure level (either one)
Entry
No Safe Entry.
Risk Entry: Bounce off either double bottom
Once entered, where will our Stoploss be?
- below the whichever structure level price bounces from
Where do we take profits?
First TP: 1.07
Second TP: 1.093
Third TP: 1.3
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