LONH EURCHF
As can be seen in the EURCHF chart, the price has reached the bottom of the channel. The bottom of the channel also coincides with the 100% level of the Fibonacci projection of the previous move. Also, the trend line tr1 at this point warns of a price reversal. Therefore, this level can be considered as a good LONG opportunity and the stop loss can be placed on the other side of the bottom of the channel.
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