Why are we entering?
- Approaching major structure level
- Anticipating EUR strength and possible CHF weakness = EURCHF LONG
What is our confirmation?
- Bounce off the structure level
- 2H trendline hack (2H EMA is respecting price - will be using that for confirmation)
= WFB break
Entry
SAFE Entry: Bounce off structure and then WFB
Risk Entry 1: break of WFB without the bounce
Once entered, where will our Stoploss be?
- below the major structure level
Where do we take profits?
First TP: 1.07
Second TP: 1.093
Third TP: 1.3
- Approaching major structure level
- Anticipating EUR strength and possible CHF weakness = EURCHF LONG
What is our confirmation?
- Bounce off the structure level
- 2H trendline hack (2H EMA is respecting price - will be using that for confirmation)
= WFB break
Entry
SAFE Entry: Bounce off structure and then WFB
Risk Entry 1: break of WFB without the bounce
Once entered, where will our Stoploss be?
- below the major structure level
Where do we take profits?
First TP: 1.07
Second TP: 1.093
Third TP: 1.3