Going Long in EURCHF
Hello Traders ,
Trade Indications:
DOW theory intact: HH & HL ; Price made HL and tracing to HH
Bearing Engulfing candle formed.
Price tranding on minor support line.
Price value Encapsulated between two major trend lines.
Price Level above support level
Euro bearish with respect to Swiss Franc
On 4 Hour Scale
Bullish divergence formed.
Buy / Long trade:
Buy @ 0.98723
Stop Loss @ 0.987695
Take profit @ 0.98908
Regards,
Trade Indications:
DOW theory intact: HH & HL ; Price made HL and tracing to HH
Bearing Engulfing candle formed.
Price tranding on minor support line.
Price value Encapsulated between two major trend lines.
Price Level above support level
Euro bearish with respect to Swiss Franc
On 4 Hour Scale
Bullish divergence formed.
Buy / Long trade:
Buy @ 0.98723
Stop Loss @ 0.987695
Take profit @ 0.98908
Regards,
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.