Euro / Swiss Franc
Short
Updated

EUR/CHF Bearish Pennant

1โ€ฏ293
The EUR/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Pennant pattern. This suggests a shift in momentum towards the downside in the coming Hours.

Key Points:

Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support โ€“ 0.9360
2nd Support โ€“ 0.9337

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