CHART TIMEFRAME: H4
TREND ON THE CHART TIMEFRAME: BEARISH
FACTS AND PATTERNS:
EURCHF is approaching support zone. 1.16000 – 1.15800 is the strong support area.
A bullish shark pattern completion at 1.15820.
POSSIBLE “PREDICTED” PRICE ACTION: Move back from support and a retracement towards 1.16400 and 1.16700 Fibonacci Levels.
ACCURACY: 82%
EURCHF TRADE IDEA: ( SHORT TERM – INTRADAY )
TRADE: LONG
AREA OF ENTRY: 1.16000 – 1.15800
STOP LOSS: 1.15600 – 1.15500
TAKE PROFIT 1: 1.16400
TAKE PROFIT 2: 1.16700
TREND ON THE CHART TIMEFRAME: BEARISH
FACTS AND PATTERNS:
EURCHF is approaching support zone. 1.16000 – 1.15800 is the strong support area.
A bullish shark pattern completion at 1.15820.
POSSIBLE “PREDICTED” PRICE ACTION: Move back from support and a retracement towards 1.16400 and 1.16700 Fibonacci Levels.
ACCURACY: 82%
EURCHF TRADE IDEA: ( SHORT TERM – INTRADAY )
TRADE: LONG
AREA OF ENTRY: 1.16000 – 1.15800
STOP LOSS: 1.15600 – 1.15500
TAKE PROFIT 1: 1.16400
TAKE PROFIT 2: 1.16700
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.
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.