Euro / Swiss FrancShort
EURCHF Low TF
Bias Bearish
Fundamental
EUR have weak datas, CHF have stronger datas
Price Action
Price break H1 support level. Price retrace back to H1 support level forming a rising wedge pattern. Price broke the rising wedge pattern and close below the wedge pattern bullish trendline and M15 support level. H1 can see a strong bearish engulfing candle to confirm the bearish momentum is back
Setup
Short set up at broken M15 support level.
SL above the swing high of wedge pattern.
TP next H4 support level R:R 1:6
Fundamental
EUR have weak datas, CHF have stronger datas
Price Action
Price break H1 support level. Price retrace back to H1 support level forming a rising wedge pattern. Price broke the rising wedge pattern and close below the wedge pattern bullish trendline and M15 support level. H1 can see a strong bearish engulfing candle to confirm the bearish momentum is back
Setup
Short set up at broken M15 support level.
SL above the swing high of wedge pattern.
TP next H4 support level R:R 1:6
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