EURCHF is down too much, now it should go up. It's below a strong level around 1.0610, which is where I opened long some time ago.
There is a falling wedge or triangle below. Smart would be to wait for a breakout, so you'll know which way it will go. I think it's gonna go up, because it went down too much already and must make a retracement at least.
Most safe way would be to trade off a bounce from level at around 1.0610. It's a strong level, it touches candles in 2015, 2016, 2017.
Price is gonna explode somewhere and soon. Much more likely that it will go up, imo.
There is a falling wedge or triangle below. Smart would be to wait for a breakout, so you'll know which way it will go. I think it's gonna go up, because it went down too much already and must make a retracement at least.
Most safe way would be to trade off a bounce from level at around 1.0610. It's a strong level, it touches candles in 2015, 2016, 2017.
Price is gonna explode somewhere and soon. Much more likely that it will go up, imo.
Nota
I don't have such a favorable outlook anymore, I moved stop loss higher and I'll close my trade if price breaks below.
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