PULEMokhothu

EURCHF 1.06693 - 0.09% LONG IDEA

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FX:EURCHF   Euro / Franc Swiss
GOOD DAY TRADERS

> HERE'S A LONG IDEA ON THE EURCHF PAIR, THE EURO HAD A GOOD WEEK IN THIS PASSING WEEK WITH ANNOUNCEMENTS OF A NEW RECOVERY FUND BY THE EUROPEAN COMMISSION.

> SWISS TOOK A HIT IN THE PREVIOUS WEEK THIS ON A COMBINATION OF EARLY RISK SENTIMENT AND WEAK SWISS ECONOMIC UPDATES

> EURCHF IS IN AN UPTREND AS WE SAW THE PAIR BREAKOUT OF THE DESCENDING TRIANGLE THE PAIR JUST BOUNCED AT 50% FIBONACCI RETRACEMENT AT SUPPORT LEVEL 1.06693.

SHOULD WE TRADE ABOVE THIS LEVEL WILL BE LOOKING FOR LONGS IN THE PAIR.

TARGET 1 - 61.8% FIB EXT ( 1.06598)
TARGET 2 - 78.6% FIB EXT ( 1.070790

ENTRY - FOLLOW YOUR ENTRY RULES
RISK MANAGEMENT
PERIOD - DAY TRADE
Dagangan aktif:
HOLD
Komen:
YOU CAN ADJUST SL TO GO RISK FREE
Dagangan ditutup: sasaran tercapai

Penafian

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