Euro / Swiss FrancShort
EUR/CHF - Bearish Divergence
Strong Bearish Divergence in EUR/CHF.
1. The confluence is occurs in Fibonacci Expansion @ 1.414 (1.1053)
2. According to 4HR Time Frame, MACD, DMI & ADX, RSI confirms the strong bearish divergence.
3. We can set limit by using Fibonacci Retracement, TP1 @ .500 (1.0946) and TP2 @ .618 (1.0919)
1. The confluence is occurs in Fibonacci Expansion @ 1.414 (1.1053)
2. According to 4HR Time Frame, MACD, DMI & ADX, RSI confirms the strong bearish divergence.
3. We can set limit by using Fibonacci Retracement, TP1 @ .500 (1.0946) and TP2 @ .618 (1.0919)
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.