Euro / Swiss FrancShort
EURCHF Sell Idea Update
D1- Price breaking above the last high
H4 - Bearish reversal confirmation didn't happen.
We will now be following the next strong zone which is around 1.17. Ideally we will see the price reaching it before any serious moves down.
Can we look for intraday and short term buys? Yes absolutely, as long as there is no breakout below the most recent and valid low on the H4 chart and the the most recent trend line is holding, every pullback is an opportunity to buy.
H4 - Bearish reversal confirmation didn't happen.
We will now be following the next strong zone which is around 1.17. Ideally we will see the price reaching it before any serious moves down.
Can we look for intraday and short term buys? Yes absolutely, as long as there is no breakout below the most recent and valid low on the H4 chart and the the most recent trend line is holding, every pullback is an opportunity to buy.
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.