EURCHF: Is That a Bearish Trap?! 🇪🇺🇨🇭
Looks like we have a nice example of a bearish trap on EURCHF:
after a violation of a key support level, the price formed a cup & handle pattern
and started to recover rapidly.
With the violation of the neckline of the pattern,
the price successfully returned above the broken structure.
It looks like the pair may continue growing now.
Goal - 0.9388
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✅Join My Telegram Channel: t.me/VasilyTrading
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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.