On the EUR.CHF Daily chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 1.0662 & 1.0621
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also an opportunity to look for extended targets at 1.0941
Stop loss would be placed below X leg structure support .
Target 1 - 1.0792
Target 2 - 1.0870
The price reversal zone on this pair is between 1.0662 & 1.0621
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also an opportunity to look for extended targets at 1.0941
Stop loss would be placed below X leg structure support .
Target 1 - 1.0792
Target 2 - 1.0870
Comentarios:
Price has now broken below a strong level at 1.0685. a D leg completion is now expected.