EURCHF has hit the trend line. potential 5th impulse forming. once price breaks the zone of previous support and resistance bouncing off many times in the box when back tracing, you would be looking to go short after retest and the -27.00% fib retracement would always be your TP. the bottom trend line is crossing it so good confirmation of where the target should...
Catching a buy on the smaller time frame, trend line formed as well, currently around 60 pips up. On the larger time frame, fib showing it has bounced off the 50% retracement, meaning its more likely to still be in an uptrend, after catching 100pips I’m expecting it to drop below the 61.8 and come back up to catch 600+ pips
