Two scenarios for trading- Triangle pattern 1. Trend continuation trade up to 1.1220 price and also the completion of 240 min Bullish BAT. Possible bounce from 1.1220 . 2.Counter trend trade with divergences- 1.1425 first target and 1.1495 second target
Good Luck!
Nota
EURCHF broke down the consolidation and it is not moving as fast as it should. On 60 min we can see that price reacted on the zone of a Bullish 60 min Garley pattern. So be careful as Garley patterns usually forms at the end of the waves or trends. If Garley will be broken it will be a Bullish 60 min Butterfly that corresponds with the zone of the Big Bullish 240 min BAT. Trade with care.
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