As this week, I traded EUR/CHF into this bullish channel with a bullish perspective from November 6 2022. EUR/CHF goes bullish, and also I had one traded that I entry around $0.9892 CHF, I was in small profit, but I take a better decision before that price make a little drop on November 7 2022 that I was in profit like 22 pips, but I closed up with a small loss of 0.88%. As this was a market manipulation and I was in buy order place later of this movement. But I was in long and my perspective was bullish. But I note that as EUR/CHF moved into this bullish channel, the price make fluctuations between this range. But on Yesterday, I decide to cancel my buy order limit and this trade, as I knew that EURCHF continue up by fundamental news.
But now, I see an interesting movement that gave it, EUR/CHF break up the bullish channel and EMA 200, what if I see like learning edge process a short position in the top if this channel, that if traders see this point, it's a good option to short, but as I was in long, so I was bullish in EUR/CHF, but what I found out an interesting resource it's when we're into this channel, it's necessary to mark the precise point where will be the key reaction that the price will respond me
Marking a resistance line of key reaction like this. this work in your trading experience.
So guys, as I took this trade, it's not bad, it's ok in this trade that I got a small loss like 0.88%. And well, everything it's possible in Forex market and be prepared by experience, make the master.
I will add the follwing link to related idea to read my past analysis on EUR/CHF
But now, I see an interesting movement that gave it, EUR/CHF break up the bullish channel and EMA 200, what if I see like learning edge process a short position in the top if this channel, that if traders see this point, it's a good option to short, but as I was in long, so I was bullish in EUR/CHF, but what I found out an interesting resource it's when we're into this channel, it's necessary to mark the precise point where will be the key reaction that the price will respond me
Marking a resistance line of key reaction like this. this work in your trading experience.
So guys, as I took this trade, it's not bad, it's ok in this trade that I got a small loss like 0.88%. And well, everything it's possible in Forex market and be prepared by experience, make the master.
I will add the follwing link to related idea to read my past analysis on EUR/CHF
