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Euro / Swiss Franc
Long

EURCHF Technical Analysis and Trade Idea

By tradingwithanthony
Updated
The EURCHF has reached a crucial support level. On the 4-hour chart, there has been a significant downward price swing resulting in an imbalance. This imbalance could serve as a target for price correction. Currently, we observe a higher low on the 4-hour timeframe, and I'm actively seeking a buying opportunity if the setup described in the video materializes. Should we witness a break, retest, and subsequent failure of the current range high, I will consider a buy position. However, if price fails to exhibit this bullish setup, we will abandon this idea. As always, please note that this information is for educational purposes only and should not be construed as financial advice.
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Chart PatternsEURCHFeurchfanalysiseurchfbreakouteurchfbuyeurchfforecasteurchfideaeurchflongeurchfsignaleurchfsignalsTrend Analysis
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