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Euro / Swiss Franc
Short

Potential EURCHF Short

95
A downtrend of LL's and LH's has formed (marked) with a number of s and r lines (marked). The Stochastic oscillator suggests that the market is currently oversold so we can expect a rise to a support level followed by a continuation of the downtrend if the support holds (marked on the graph and indicator). A sell limit below the support line with a sl just above and a tp by R2 could prove profitable
jacklynch20
Chart PatternschfdowntrendEUREURCHFTechnical IndicatorsocillatorresistenceshortsupportTrend Analysis

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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.
Chart PatternschfdowntrendEUREURCHFTechnical IndicatorsocillatorresistenceshortsupportTrend Analysis
jacklynch20

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.