EURCHF long idea
Hi traders,
On the EURCHF daily chart I am looking at a long entry at the Brexit referendum wick, at a value of 1.06250. This value lines up almost perfectly with the 61.8% Fibonacci retracement of the major move and the 38.2% Fibonacci of the smaller move, which initiated in April 2015.
Entry: 1.06250
Stop: 1.05680
Target: 1.07410 = R:RR 2.03
Good luck! As usual, updates will follow.
On the EURCHF daily chart I am looking at a long entry at the Brexit referendum wick, at a value of 1.06250. This value lines up almost perfectly with the 61.8% Fibonacci retracement of the major move and the 38.2% Fibonacci of the smaller move, which initiated in April 2015.
Entry: 1.06250
Stop: 1.05680
Target: 1.07410 = R:RR 2.03
Good luck! As usual, updates will follow.
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