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CromerKing

EURCHF Longer Term Shorts - Massive Consecutive Candle count

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Euro / Franc Swiss (FX:EURCHF)  
CromerKing  
FX:EURCHF   Euro / Franc Swiss
Trend Analysis Trend Lines Economic Cycles consecutiveupcandles consecutivecandles EURCHF longerterm longtermshort Channels trendchannels swingtrading
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trendanalysis trendline economiccycle consecutiveupcandles consecutivecandles eurchf longerterm longtermshort channelstudies trendchannels swingtrading
Really like the idea of shorts on this pair for a number of reasons, well 2 mostly! Firstly we're back up at the top of a descending channel and this pair has been falling for a long long time. And more perhaps more importantly is that the consecutive bullish candle count has never been this high since 1993 - it doesn't happen often and when it does it falls over. It's a probabilities play for sure but one I'll be taking.
Penafian

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