Euro / Swiss Franc
Updated

Understand it First then Trade this Setup!

1013
Hello Guys, Lets take a look at EURCHF, If you look at 4h its currently in symmetrical form which expectedly going to turn into descending triangle. Now Here is a thing which you need to know, if it turn into DSC then it will have chances of breaking in both side, basically its a continuation pattern (commonly) but reversal cases also seen in market! So in that case it will have chances of breaking in both side. So we will have to wait until its breakout if you want to target SOMETHING BIG.

Trade according to your own strategy!

Good Luck!
Note
Seems like we got breakout! snapshot
Note
Update: Breaking out snapshot

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.