CHFEUR rising wedge
The price has formed a rising wedge. We are expecting the price to break into the downside. We are looking for a retracement to a 50% Fibonacci extension.
The price is bouncing off the top of the Bollinger band, which is a good indicator for us that the price will break out to the downside.
Target: 0,959
Entry: 0,987
S&l: 0,998
The price is bouncing off the top of the Bollinger band, which is a good indicator for us that the price will break out to the downside.
Target: 0,959
Entry: 0,987
S&l: 0,998
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.