EmilianoMesa

Why short EUR/CHF as a Swing Trader

Satış
EmilianoMesa Güncellendi   
FX:EURCHF   Euro / İsviçre Frankı
As for EUR/CHF the pair has already missed the last two pivot points on daily settings. Pivot points usually work as some kind of "gravity" for the price value, meaning, a high chance of reversal when missed. Furthermore MACD has just crossed in a 2H chart. 4 EMA indicators, set similarly to work as Alligator (following the current price rather than the average price) are almost about to cross each other. Altogether signs of a reversal are obvious and it could keep going down for an estimated of 2-4 more days. Here I attach some candlestick patterns suggesting also a reversal.
Investing.com : https://gyazo.com/f118d6e7a797ae844ae405837c5c45f2
NOTE: This is my own analysis, follow it under your own risk. Also this is my first public idea... Comment what should I improve. Thank you.

Prediction :
Yorum:
4H later the pair kept on going down and just reached the 1st pivot point. Will it keep on going downwards? Probably...
Yorum:
Candlesticks touched the the 1st missing pivot point and retreated.

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.