EURCHF POTENTIAL SHORT CONTINUATION
Hello Everyone!
How are you all?
EurChf is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.
So, I will be looking for a bearish continuation because of the following reasons:
1. The trend is bearish.
2. The price has formed a continuation structure and it is approaching the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High and makes a bearish impulse followed by a 15mins flag with two highs and lows.
Entry : will look for a risk buy entry within the flag or a reduced risk entry on the breakout of the flag.
How are you all?
EurChf is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.
So, I will be looking for a bearish continuation because of the following reasons:
1. The trend is bearish.
2. The price has formed a continuation structure and it is approaching the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High and makes a bearish impulse followed by a 15mins flag with two highs and lows.
Entry : will look for a risk buy entry within the flag or a reduced risk entry on the breakout of the flag.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.