SHORT trade analysis on EURCHF.
Graph is looking bearish from upper trendline of Bearish Flag and resistance area. I expect that price will breakout Bearish Flag, first do the retest on lower trendline and continue to fall. Bearish Engulfing Candle indicates sell on chart too. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Graph is looking bearish from upper trendline of Bearish Flag and resistance area. I expect that price will breakout Bearish Flag, first do the retest on lower trendline and continue to fall. Bearish Engulfing Candle indicates sell on chart too. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
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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.