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EUR/CHF - Bearish Divergence

Short
Euro / Swiss Franc (FX:EURCHF)  
aravindrajsoundarrajan  
FX:EURCHF   Euro / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators
8
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trendanalysis chartpattern indicator
Strong Bearish Divergence in EUR/CHF.

1. The confluence is occurs in Fibonacci Expansion @ 1.414 (1.1053)

2. According to 4HR Time Frame, MACD, DMI & ADX, RSI confirms the strong bearish divergence.

3. We can set limit by using Fibonacci Retracement, TP1 @ .500 (1.0946) and TP2 @ .618 (1.0919)
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