EURCHF H4 LONG PRICE ACTION FORECAST

After the breakout of the descending wedge pattern, an incredible rally has been experienced by this pair. With explicit overextended price action and the most recent candle under the H4 timeframe signaling some exhaustion, a healthy correction should come into play.

A correction to the FIB level for a new bullish impulse allows the following setup.

The order:
Type: buy-limit
S/L: 30 pips - R:R | 1:3 -
T/P: aiming towards the descending trendline from D1

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