EURCHR Long - strong confirmations
EURCHFConfluences
1) Bounced off critical weekly support
2) Uptrend - HH exists, LH to be established
3) Broke daily downtrend line
4) Broke bullish wedge
5) Inv H&S in progress
6) RSI bullish divergence on daily (left shoulder and head)
7) 61.8% Fib retracement on tip of the right shoulder
Looking at the buy at the tip of the right shoulder, at 61.8% Fib or maybe even at 50%.
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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.