Pair Name : EURCHF
Time Frame : 1HR
Scale Type : LARGE
price has broken structure to the downside on the 5 min to 30 min and is now trading at a DAILY Resistance area and has had a false break above the previous DAILY high which presents it self as equal highs on the 1h min timeframe
Reason for trade
Price trading at 1 DAY resistance & has had a false break above, the previous 1 day high
price has made a significant retracement into the 61.80 area
Don't trade without a stop loss ALWAYS MANGE RISK!!!!!!!!
Time Frame : 1HR
Scale Type : LARGE
price has broken structure to the downside on the 5 min to 30 min and is now trading at a DAILY Resistance area and has had a false break above the previous DAILY high which presents it self as equal highs on the 1h min timeframe
Reason for trade
Price trading at 1 DAY resistance & has had a false break above, the previous 1 day high
price has made a significant retracement into the 61.80 area
Don't trade without a stop loss ALWAYS MANGE RISK!!!!!!!!
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.