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CHFEUR

EURCHF, waiting for the perfect entry, Part 2So far it has been moving as suspected, getting closer to my entry zone. Many of my followers have been asking me why i did not go long on this expected move up. Well that is quite easy to answer: In this case i am HOPING it moves up, so it can retest the neckline of that H&S again and forming this possible bearish wedge. Purely because i am hoping, i won't trade it but will wait patiently until it reaches my entry. I would be much more comfortable to short it at my desired entry level than to go long when i posted "Part 1" of this trade. Now it's just a matter of time, waiting for it to reach my desired level, wait for some rejection and short it. I don't know where the high will be, but i expect somewhere around my blue lines. Please don't forget to like if you appreciate this:) Previous analysis:
Short
by botje11
Weekly Perspective (EURCHF),(CHFEUR)hey guys, The pair is forming a trend continuation pattern to the upside & on the smaller time frame as well.This trade has a huge potential & we can make a lot of money by using simple strategy that we normally use we will just protect our profits in this by moving our stops timely throughout the week.I would not be uploading when and how to move the stops. Both pairs have huge potential & yes!! don't forget to have a look at the spreads before entering. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex