EUR/CHF Trade Idea

FX:EURCHF   Euro / Swiss Franc
Hello and welcome to my Trade Idea of the currency pair EUR/CHF .

Lets start with the Top Down Analysis.

Monthly: We see on the monthly timeframe that the market is in a very strong downtrend.

Weekly: On the weekly timeframe we see the strong bearish trend in more detail with nearly no pullbacks.

Daily: The daily timeframe shows 3 bullish days and because of that there is a upside pullback.

H4: On the h4 timeframe we draw the counter trendline and wait for a confirmed break.

Have a nice day.
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