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EUR/CHF Potential Upward Movement ๐Ÿš€๐Ÿš€๐Ÿš€

๋กฑ
OANDA:EURCHF   ์œ ๋กœ / ์Šค์œ„์Šค ํ”„๋ž‘
Technical Analysis :
On the 1-hr time frame the price is bouncing within an ascending channel formation. Our expectation is a lower swing toward the bottom of this pattern. In addition, we have a confluence zone between the daily support and the support trendline at the 1.1057 mark which might cause a move upward to the 1.1119 level,
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Trade Idea:

Buy Order @ 1.1057
Take Profit 1 @ 1.1119
Take Profit 2 @ 1.1164
Stop Loss @ 1.1026

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