EURCHF Potential Long Trade Opportunity

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