TomHall
Panjang

EUR.CHF > Buy The Breakout

FX:EURCHF   Euro Fx/Swiss Franc
1996 16 95
My brief Daily EUR.CHF chart analysis.

I will be updating this pair on multiple timeframes to give a clearer insight into what i'm watching.
Komen: Buy stop order in place, awaiting the breakout.

Many traders ask what i look for on a daily basis, although i don't have many of my indicators on the chart this is a perfect technical breakdown.
Remember, not a guarantee but a high probability setup.
Komen: Trailing stop loss now in place.
A small consolidation period is expected into tomorrow.
Komen: A perfect break and retest of the 4hr EMA should indicate a push higher into today.

Perdagangan tutup: hentian tercapai: SL hit on this pair for 0.50% loss.
Life is like a box of (Swiss) chocolates; you never know what you're gonna get!
Good play man!
Balas
Setup still looks good I suppose.
Balas
TomHall cortezone
@cortezone, I am still long term bullish.
Balas
cortezone TomHall
@TomHall, Thanks tom. I look at it the same way. Good luck.
Balas
SL hit for this trade
Balas
TomHall KennethBoh
@KennethBoh, For me also.
Balas
Took this pair long earlier in the week and got stopped out on break even. Now looking to re-enter on a 15 min or 1 hour pullback. Thx for your analysis Tom.
+1 Balas
TomHall stevecosner
@stevecosner, My pleasure, i hope all goes well.
Balas
Too late to enter trade?
Balas
TomHall HaychhFX
@HaychhFX, It would all depend on many factors as i don't know your strategy however, if it fits your rules then its never too late.
+1 Balas
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