EURCHF breakout of the Ichimoku Cloud and ascending channel

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Euro / Franco Suíço (OANDA:EURCHF)

OANDA:EURCHF Euro / Franco Suíço

trendanalysis chartpattern indicator eurchf breakout ichimokuclouds swingtrading daytrading ascendingchannel

EURCHF is breaking through the up-channel and the Ichimoku cloud. As mentioned yesterday in the YouTube video, I was waiting for this kind of situation to open a short position. I couldn't get a great risk to reward ratio because I want to place the stop loss above the cloud and the take profit based on the measured move. Still a good opportunity.

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