EURCHF
Confluences
1) Bounced off critical weekly support
2) Uptrend - HH exists, LH to be established
3) Broke daily downtrend line
4) Broke bullish wedge
5) Inv H&S in progress
6) RSI bullish divergence on daily (left shoulder and head)
7) 61.8% Fib retracement on tip of the right shoulder
Looking at the buy at the tip of the right shoulder, at 61.8% Fib or maybe even at 50%.
Confluences
1) Bounced off critical weekly support
2) Uptrend - HH exists, LH to be established
3) Broke daily downtrend line
4) Broke bullish wedge
5) Inv H&S in progress
6) RSI bullish divergence on daily (left shoulder and head)
7) 61.8% Fib retracement on tip of the right shoulder
Looking at the buy at the tip of the right shoulder, at 61.8% Fib or maybe even at 50%.