Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0735). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0626). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Buy EURCHF At 1.06600 Stop Loss At 1.06450 Take Profit At 1.07500
Hello Traders I Used Eur/Chf Pair to explain how to eliminate some possibilities even If you dont know which degree you are in...
Daily has formed tweezer top candle suggesting market is setting up for a bearish move. A good 6-8hrs candle bear flat flag has formed. Price has also come from a impulsive leg and currently consolidating and the odds are its going to continue the impulsive move as part of pattern completion (1-2-3) i.e. Impulse- correction- impulse.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0583). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....