CHART TIMEFRAME: H4
TREND ON THE CHART TIMEFRAME: BEARISH
FACTS AND PATTERNS:
EURCHF is approaching support zone. 1.16000 – 1.15800 is the strong support area.
A bullish shark pattern completion at 1.15820.
POSSIBLE “PREDICTED” PRICE ACTION: Move back from support and a retracement towards 1.16400 and 1.16700 Fibonacci Levels.
ACCURACY: 82%
EURCHF TRADE IDEA: ( SHORT TERM – INTRADAY )
TRADE: LONG
AREA OF ENTRY: 1.16000 – 1.15800
STOP LOSS: 1.15600 – 1.15500
TAKE PROFIT 1: 1.16400
TAKE PROFIT 2: 1.16700
TREND ON THE CHART TIMEFRAME: BEARISH
FACTS AND PATTERNS:
EURCHF is approaching support zone. 1.16000 – 1.15800 is the strong support area.
A bullish shark pattern completion at 1.15820.
POSSIBLE “PREDICTED” PRICE ACTION: Move back from support and a retracement towards 1.16400 and 1.16700 Fibonacci Levels.
ACCURACY: 82%
EURCHF TRADE IDEA: ( SHORT TERM – INTRADAY )
TRADE: LONG
AREA OF ENTRY: 1.16000 – 1.15800
STOP LOSS: 1.15600 – 1.15500
TAKE PROFIT 1: 1.16400
TAKE PROFIT 2: 1.16700
