EURCHF June 13th 2021
Hello traders, I studied last week EURCHF and wanted to share my view and trading plan. This is the Daily EW count. Seems that we could be in wave C of 4.
![](https://charts.mql5.com/28/994/eurchf-d1-raw-trading-ltd.png)
We could arrive to 78fe in previous chart. Studying inside C, we may be in subwave 4. Awesome Oscillator showed the highest mountain, identifying subwave 3.
![](https://charts.mql5.com/28/994/eurchf-d1-raw-trading-ltd-2.png)
That trendline I draw is important, same as liquidity zone, big players love to break it since traders will go short there… grab liquidity and fly is one of their routines… A normal fibo retracement to check where subwave could arrive, a zone close to a missed weekly pivot at previous 38fe. Law of alternance with a deep fast wave 2 suggest that wave 4 shouldn’t correct deeper than 61%… that’s another game big player usually practices. Some pure Elliottists may be redoing their counts over and over again, but it’s normal. Don’t forget that strong hands also master Elliott waves.
![](https://charts.mql5.com/28/994/eurchf-h4-raw-trading-ltd-3.png)
Placed the downtrend fe… check how 127 stopped price 4 times until we finally broke it… There are too many symptoms that they want to break the trendline, get money, and fly for wave 5 around 61 zone, best posible entry boxed if we get there… let buy more.
![](https://charts.mql5.com/28/994/eurchf-h4-raw-trading-ltd-4.png)
Don’t forget to set your orders in EURCHF… 50pips stop… Cheap price to buy with a BAT after milking this pair down… buying at 200fe is a great idea. I have a confluence of Elliott, Fibo levels, Aureal trading, Institutional levels, Harmonics… we could be wrong, but we have to try.
![](https://charts.mql5.com/29/27/eurchf-h4-raw-trading-ltd-2.png)
These are my levels and the RRR 8.3 for the trade. I will take partials at 1.0975. Always feel free to comment any doubt and I will try to answer. Learn to trade with us. You are still on time to get the ATA course with 20% discount. Learn more about the course here.
![](https://charts.mql5.com/29/41/eurchf-h4-raw-trading-ltd-3.png)