EURCHF changing direction, 4hr
EURCHF has been in a downtrend for quite some time now. Recently broke our trend and technically tells us that it is ready to buy.
After the breakout it continued buying without any setback. But the market needed a breather and gave us a corrective move and a possible flag to continue the pattern been broken out of its trend. After a retest we can conclude that buying is an option.
After the breakout it continued buying without any setback. But the market needed a breather and gave us a corrective move and a possible flag to continue the pattern been broken out of its trend. After a retest we can conclude that buying is an option.
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.