Categories
Charts, Levels and Strategizing

EURCHF: Week of 31 July 2023

See daily chart of EURCHF below for the discussion that follows.

Looks like EURCHF is heading towards resistance (previous support). Should price retest this level, I will look to short if I get confirmation (from my strategy) in terms of price action / candlesticks.

Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.

On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.

Thanks for reading.