Euro / Franco Suíço
Viés de baixa

EURCHF - Sell Opportunity With Good Risk:Reward

Atualizado
EURCHF is currently consolidating near a major resistance zone. I'm looking forward to entering into a short trade after some confirmation. This trade should give a decent R:R once it meets the sell criteria.

The confirmation I'm looking for is 4-hour candle close below the 20 and 50 EMA. If the candle closed below the current support near 1.10339, that'd be an even better signal.

As a side note, I've noticed some correlation between the USDCHF and EURCHF on lower timeframes. So, the EURCHF might drop with USDCHF after today's data. But so for, this is my theory, I haven't fact-checked the correlation yet.

Feel free to leave a like and your thoughts.
Nota
TP 1 reached
Trade fechado: objetivo atingido
TP 2 reached
EURCHFshortingopportunityshortsetuptechnialanalysisTrend AnalysisUSDCHF

Aviso legal