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francesgurton
Jul 21, 2020 3:22 PM

EUR/CHF Bullish Pennant Flag Pattern Long

Euro Fx/Swiss FrancFXCM

Description

EUR/CHF is currently displaying a bullish pennant flag pattern, which can be seen on both the H2 and H4 time frame.

I will be awaiting confirmation for a long position. I will be looking for price to break above the upper descending trend line to provide an indication of a continued bullish move.
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