EURCHF is currently on our support level, and forming very interesting price action on the 4 hour chart.
From the bearish perspective, we see the pair might be forming a head and shoulder pattern. However this isn't complete yet.
From the bullish perspective, we can see it has already completed the ABCD pattern. Breaking prior structure. We can see it has formed higher high and higher low.
We will hold our trigger until we see price break 1.0750 before we go long or complete the head and shoulder pattern before we sell.
From the bearish perspective, we see the pair might be forming a head and shoulder pattern. However this isn't complete yet.
From the bullish perspective, we can see it has already completed the ABCD pattern. Breaking prior structure. We can see it has formed higher high and higher low.
We will hold our trigger until we see price break 1.0750 before we go long or complete the head and shoulder pattern before we sell.