Possible buying opportunity in EUR/CHF in the next few days! We have been going through a daily descending correction over the past couple of weeks, this shows a lack of intent for price to push lower. If we see buyers come into the market and push price up impulsively then there may be a possibility of a buying opportunity from a higher low point. The first potential entry will be after the break of 1Hr structures or a strong bullish candle from what looks to be like a smaller descending correction. The second entry will be a confirmed impulsive break of previous 4Hr lower high at which place we can look for a descending correction from which to enter. The EUR is bullish so this gives good confluence that we could be looking for some upside in EUR/CHF, we just need to wait for strong bullish price action to confirm intended direction of price before entry.
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