Hi Traders! EURCHF sell opportunity update and follow up is here. In the previous post here I mentioned “On the H4 chart we had a good support zone that has formed and the price which was respecting this support zone so far has currently broken below it with momentum. We may consider this as an evidence of bearish pressure and we may now look for pullbacks and sells with more bearish evidences”.
EURCHF H4 Chart:
On the H4 chart the price moved exactly as per our plan. The pullback that we were looking for happened and then the price is currently moving lower exactly as we expected. We have collected nice profits with this sell trade so far.
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