EURCHF continues to decline and forms a pattern. a break in the support of which will form the continuation of the trend.
TA on a high timeframe:
1) A flat is forming. But, the price does not reach the resistance and continues to fall to the support.
2) The retest at 0.97505 might form a breakthrough, which will send the price to 0.97200.
TA on the low timeframe:
1) Within the triangle, the price drops to 0.97375. A retest of the figure support and subsequent pullback is possible. At the moment the price continues to form a pattern
2) Within the figure we may buy from support and sell from resistance.
3) I expect strengthening of the price from the support area till the retest, then from the upper border we will consider short set-ups
Key support📉: 0.97357
Key resistance📈: 0.97660
TA on a high timeframe:
1) A flat is forming. But, the price does not reach the resistance and continues to fall to the support.
2) The retest at 0.97505 might form a breakthrough, which will send the price to 0.97200.
TA on the low timeframe:
1) Within the triangle, the price drops to 0.97375. A retest of the figure support and subsequent pullback is possible. At the moment the price continues to form a pattern
2) Within the figure we may buy from support and sell from resistance.
3) I expect strengthening of the price from the support area till the retest, then from the upper border we will consider short set-ups
Key support📉: 0.97357
Key resistance📈: 0.97660
❤️ Telegram channel: t.me/AndeWave
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
❤️ Telegram channel: t.me/AndeWave
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.