EURCHF - Potential Bearish Reversal!

11 Sep 2021

Hello everyone, if you like the idea, do not forget to support with a like and follow.

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

11 Sep 2021

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