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EURCHF (Daily) SHORT IDEA: The Bearish ASCENDING TRIANGLE!

Short
FX:EURCHF   Euro / Swiss Franc
POTENTIAL PROFIT: SHORT UP TO 80 PIPS

TECHNICAL ANALYSIS:
-Since the end of November until the first week of May, the price has been following a strong downtrend (Confirmed by the price moving without breaking the EMA 50).

-The price reached then a main support level at about 1.05000, it retested that before breaking the ema 50. The price wasn't able the reach again the support level , in fact a strong bullish movement pushed the price up until it reached the main resistance level at about 1.08727.

-The main resistance level rejected the price inverting the trend;
on the 13th of July the price bounced on the new support level , starting now an uptrend.
The price actually seems to be not able to break yet the strong resistance level , but at the same time it's bouncing on different support levels on the bullish trendline (Possible bearish ascending triangle ).

CONCLUSION:
The price is actually in a really high volatility period, it's quickly bouncing up and down. The resistance level at about 1.08625 rejected the price many times and I believe it could happen again after a short period of consolidation.
I would entry short after the breakout of the level at 1.08100.

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