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EURCHF is overall bearish as mentioned in my previous analysis (attached below) and approaching a resistance zone from daily timeframe, so we will be looking for sell setups on lower timeframes.
on H1: EURCHF is forming a head and shoulders pattern but it is still an idea, so we will be waiting for the right shoulder to form (projection in purple)
Trigger => Waiting for the right shoulder to form then sell after a momentum candle close below the gray neckline.
Until the sell is activated, EURCHF would be overall bullish and can still trade higher.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURCHF is overall bearish as mentioned in my previous analysis (attached below) and approaching a resistance zone from daily timeframe, so we will be looking for sell setups on lower timeframes.
on H1: EURCHF is forming a head and shoulders pattern but it is still an idea, so we will be waiting for the right shoulder to form (projection in purple)
Trigger => Waiting for the right shoulder to form then sell after a momentum candle close below the gray neckline.
Until the sell is activated, EURCHF would be overall bullish and can still trade higher.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
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This analysis is done using RichTL
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT