CHFEUR trade ideas
💡Don't miss the great sell opportunity in EURCHF
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.0424).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURCHF is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 30
Take Profits:
TP1= @ 1.0396
TP2= @ 1.0363
TP3= @ 1.0332
TP4= @ 1.0299
TP5= @ 1.0242
SL: Break Above R2
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eurchf Double top Price in resistance consists Double top pattern
Support is strongly broken
We are waiting for Polbeck to break the support
And by seeing the confirmation candle, we enter the sales position
Purely personal opinion.
This analysis will be updated
soroor gharakhani: soroor13333
date:13.feb.22
(dyor)