EUR.CHF > Buy The Breakout

My brief Daily EUR.CHF chart analysis.

I will be updating this pair on multiple timeframes to give a clearer insight into what i'm watching.

Kommentera:

Buy stop order in place, awaiting the breakout.

Many traders ask what i look for on a daily basis, although i don't have many of my indicators on the chart this is a perfect technical breakdown.
Remember, not a guarantee but a high probability setup.

Kommentera:

Trailing stop loss now in place.
A small consolidation period is expected into tomorrow.

Kommentera:

A perfect break and retest of the 4hr EMA should indicate a push higher into today.

Trade stängt: Stopp nått:

SL hit on this pair for 0.50% loss.