Good morning traders,
Monday is here again, and a beautiful setup is knocking on our door.
Without wasting much of your time, let’s dive into it
1. EUR/CHF
Head and shoulders pattern on EUR/CHF. Notice that the third support is already working its way through level 1.13084. A bearish trend would look clearer after the close of the 10 pm GMT candlestick.
NOTE: We have just one setup today because of two factors.
- Most of the setups were discussed on Sunday
- Everyday does not present us with many setups, in fact, some days presents us with no setups at all.
This is where PATIENCE as a trader comes to play. Being able to wait for setups to unfold before buying or selling is key in becoming a better trader.
Do enjoy your day ahead and see you on Tuesday.
