EUR/CHF Bullish Reversal Setup – Support Zone Entry with 1:4 Ris

9 apr

The EMA 200 (blue) and EMA 30 (red) are displayed.

Price is below both EMAs, indicating a bearish trend overall.

However, there's a potential reversal or retracement trade being considered.



2. Trade Setup (Long Position):

Entry Point: 0.92750

Stop Loss: 0.92526 (about 22.4 pips below entry)

Target (Take Profit): 0.93643 (about 89.3 pips above entry)

Risk-Reward Ratio (RRR): Approx. 1:4, which is favorable



3. Support & Resistance:

The entry zone is based on a demand/support area where price previously bounced.

The target

9 apr

Trade chiuso: obiettivo raggiunto

target point hit