EURCHF Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the EUR/CHF "Euro-Franc" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk MA Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. ๐๐ธ"Take profit and treat yourself, traders. You deserve it!๐ช๐๐
Entry ๐ : "The heist is on! Wait for the MA breakout (0.93300) then make your move - Bullish profits await!" however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries. ๐I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss ๐: "๐ Yo, listen up! ๐ฃ๏ธ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout ๐. You feel me? Now, if you're smart, you'll place that stop loss where I told you to ๐, but if you're a rebel, you can put it wherever you like ๐คช - just don't say I didn't warn you โ ๏ธ. You're playin' with fire ๐ฅ, and it's your risk, not mine ๐."
๐ Thief SL placed at the recent/swing low level Using the 1H timeframe (0.92600) Day trade basis. ๐ SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
๐ดโโ ๏ธTarget ๐ฏ: 0.94200 (or) Escape Before the Target
EURCHF As global stocks tumble and the dollar weakens, CHF shines as a safe haven. SNB faces a tough call in June with limited FX intervention due to U.S. pressure.
EURCHF is bullish. Daily double bottom, 50% retracement, H4 Double bottom, & H4 HL. The last confirmation needed for buys would be the break of H4 resistance. If H4 resistance is broken, then look for busy up to 0.96500 area.