EURCHF! Trendline Breakout

17 Nis 2022

In the 4H chart we can see that there has been an strong rise in the price of EURCHF and after the correction wave plus a hidden divergence which is shown in the indicator it could break its downward trendline and move to a higher price. So we could go for a long position and the take profit levels has been shown in the chart.
Do not forget that this long position has a fundamental reason too.
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