EURCHF Short:
Montly: On the Montly we broke our last LH and our big montly S&D zone region (see black arrows). We are now looking for the H&S pattern for more downside momentum. (Bearish)
Weekly: We are Making a clear Bearish W with a nice descending trend line holding our price down. Our last LH is a nice IC so it's verry hard to break this and we had also a nice last Weekly bearish candle close for more downside momentum. (Bearish)
Daily: On the Daily we received a nice H&S with the descending trend line protecting it. I love to see the nice support wick in the head of the pattern which increases our setup to play out. (bearish)
tradingview.com/x/nwt9qwOx/4H: We received a nice 4H H&S with a nice -68 Fib complition. (Bearish)
tradingview.com/x/nwt9qwOx/4H: We received a nice 4H H&S with a nice -68 Fib complition. (Bearish)
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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.