euro swiss finally found a bottom?

By VasilyTrader
Updated
snapshot

hey guys,

euro swiss is very bearish during the last two weeks.

now the market is very close to break a significant support level and continue downwards.

however,
on a lower timeframe, we see clear signs of bears exhaustion,
so it is reasonable to anticipate a pullback before another rally.

on 1 h chart, I am focused on a trading range between 1.16 - 1.20.

I will be looking for buying bullish violation of this trading range with targets based on structure.

good luck!
Comment
retest of the bottom support
Comment
one more attempt to break the resistance
Trade active
Comment
market is going up
Comment
hit the initial target
Chart PatternsdollarTechnical IndicatorsParallel ChannelRelative Strength Index (RSI)structuresupportTrend Analysis
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