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Eurchflong

EURCHF A1 Long C Grade (Idea)Another day, another reason to avoid low probability trades. Once again, day after day, the market continues to show me why I always follow my rules. Low probability trades can win or lose, but they tend to lose more often than they win, especially with the combination of an over extended candle inside the Asia range. These have been a loss after a loss and that's why I will alwasy skip these trades. I'd rather be out of a trade I want to be in, than be in a trade I want to be out of.
Long
by tjbate
EUR/CHF BEAUTIFUL MONTLY SITUATION This currency is currently sitting on a good historical zone. Not only that, we also have some good confluences that can also help us determine the future price direction. Confluences: 1.Price is currently testing a historical zone Every time price action get to this zone makes a rejection. 2.Also we have a M pattern After a M pattern we can expect a correction to the neckline. 3.Also price is over extended When price is over extended we can expect a correction. With this 3 confluences we get to the conclusion that the price is ready to make a retracement to the M pattern neckline Be advised This educational analysis is for price direction only, for entries you have to use your own strategy in lower time frames to minimize risk. If you have any question please be free to ask me. THANK YOU FOR YOUR SUPPORT
Long
by Wiiso