Eurchflong
EURCHF approaching resistance, look out for potential reversal!
EURCHF is approaching its resistance at 1.11463 where it is could reverse down to its support at 1.10905.
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EURCHF Awaiting Signal For UptrendAs we can see now, EURCHF had already break the downtrend trendline and close outside the resistance level. It gives a clear signal that downtrend phase had been over technically and awaiting confirmation to start the uptrend. I will suggest to wait the signal of Bullish Engulfing candle formation in order to make an entry. I hope it will help this community better with my analysis
EURCHF - BULL MARKET PENDINGEURCHF WEEKLY on the left, demand zone tapped off + hammer formation
H4 on the right, wait for a pullback, then go in for the buys!!
1. This profile is for educational purposes ONLY!
2. The setups given are my own perspective of the forex market and by no means require action!
3. Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!
@PipsOfPersia
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