The EUR/CHF has reached a weekly support (yellow) and is already showing signs of dispair, right below it is a monthly support in red; I doudt it would have the momentum to brake through both supports. The overall wave or trend analysis is shown by the arrows that form a perfect W with the final wave lower than the previous ; an obvisous signal to prep for a long position.
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.