EURCHF, Bounce back trade setup after correction!

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EURCHF, Bounce back trade setup after correction!EUR/CHFOANDA:EURCHFCrazyTrades247Price is moving in strong bullish trend with nice momentum, each correction is a fresh opportunity to take long entries as rising trendline has shown its resilience and had worked as support for multiple times in the past, this time was no different when price retraced and had broken below some of the most important supports, it had started to consolidate and formed R-1 at 0.9345 and S-1 at 0.9305 Upon breakout of the immediate resistance initiated fresh long entries for the target of 0.9407. one important thing is before starting to retrace price had given breakout above year long resistance @ 0.9398. Long entries should be preferred, breakout of consolidation in bullish direction should be your first priority for fresh longs. For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures. Regards CrazyTrades247.