EURCHF LONG, double bottom reversal and bullish divergence

13 May 2020

EURCHF
Eur Swiss have been trading in a range for a month now and can't get any lower.

The support is still holding and is forming a double bottom reversal pattern. broke the previous bearish trendline and might break the resistance key level at 1.06. The price once reversed at that level and might break it. Another confirmation is the divergence it is forming with the RSI

13 May 2020

Not

**the price once reversed at that level before, (1.06) and might break it soon

18 May 2020

İşlem kapandı: hedefe ulaştı

almost hit the second target(uppermost)

but now is trading at the 1.06035 key level as a support. I can add more positions and target the second tp :))

the key level resistance 1.06035 is now acting as a support
Have a nice trading day