analysis mentioned on the chart.
Completion of ending diagonal. Target should be the origin of the wave pattern.
WE ARE EXPECTING THE PRICE TO CONTINUE THE UP MOVE ON THE 4H CHART ,AFTHER THE PRICE CREATED A SUPPORT AT 1.7301
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1.0751). . 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...
the price has hit that support zone multiple times in past and its highly probable to do it again looking at the trends
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.06467). 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...
Forecasted Pattern = Falling wedge Direction = Buy Expected Risk : Reward = 1:2
Price has formed a bear flag which is suggestive of a sell trend Target RR = 1:4
Price has formed a falling wedge. Hence will look to enter long once it reaches the bottom of the pattern 1 more time and forms a bull candle
Hi I hope you are in good condition so in this scenario I discuss the movement of EURCHF, in my opinion, the price of EURCHF will be drag until the red box, and the position of the EURCHF will be more evident after the price goes into the new red box we prepare to enter the market will the red box in the translucent or the price reverses to the top, so I give the...