EURCHF OUTLOOK
Price trading inside bullish channel but has turned bearish on a short term as it recently broke structure on the shorter timeframe. It's approaching a key order block, thus creating a potential opportunity for a sell.
Impulse Short entries can be taken once price rejects that region.
We had our sells set up with potential downside in the R:R ratio of 1:3
EURCHF
SELL LIMIT ORDER
RR 1:3
EP: 0.99136
SL: 0.99287 (15 pips)
TP: 0.98733 (41 pips)
Price trading inside bullish channel but has turned bearish on a short term as it recently broke structure on the shorter timeframe. It's approaching a key order block, thus creating a potential opportunity for a sell.
Impulse Short entries can be taken once price rejects that region.
We had our sells set up with potential downside in the R:R ratio of 1:3
EURCHF
SELL LIMIT ORDER
RR 1:3
EP: 0.99136
SL: 0.99287 (15 pips)
TP: 0.98733 (41 pips)