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EURCHF: Potential Buying Opportunity (trading plan)



Hey traders,


EURCHF is currently consolidating on daily support.

The price is trading within a very narrow trading range on an hourly time frame.


For now, we got a perfect foundation for an inverted head and shoulders pattern:

the price has already formed a left shoulder and head, and currently completing its right shoulder.


To buy wisely,

wait for a bullish breakout of the underlined horizontal neckline with your stop at least below a right shoulder.

It will confirm a coming bullish movement.


Goals will be:

1.0963

1.0975


In case of a bearish violation of a head level, setup will be invalid.


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