EUR/CHF Long
This setup is different than my typical trend-following style of trading. However, we have a very nice risk-to-reward setup here with EURCHF off a major weekly level. Looking left, you can see each time price has approached this level, buyers stepped in and shot price higher- and I'm talking 200+ pips higher. This week we will be looking for the setup long off this 1.1200 support level. Our stop is tight and easy to identify under the low of the support level, and we can look for price to move up to 1.1300 level as TP1.
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