EURCHF: Sell opportunity on symmetrical approach.
The pair has been on a rise since the September bottom but 1D has turned neutral again (RSI = 45.114, MACD = 0.000) as the price pulled back on the 1W Resistance. So far it has found support on the 1D MA50 but this is far from comforting as we had the very same candle sequence in September - October 2018, when the price followed with a strong bearish reversal towards the previous low.
The RSI sequences are also similar so we are expecting an identical pattern, targeting 1.08150.
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The RSI sequences are also similar so we are expecting an identical pattern, targeting 1.08150.
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Comments and likes are greatly appreciated.
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial