121 BEARISH HARMONIC PATTERN
POSSIBLE WAVE EXTENTION OF LEG V
EURCHF PRICE SEEMS IS LOOKING TO BREAK PAST WEEKLY RESISTANCE OF 1.067XX
THE POUND IS INCREASING ITS DEVALUATION WEIGHT ON THE EURO HAS PUSHED THIS PAIR TO A TIGHTER RANGE AS IT MOVES TO LOWER LOWS OVER THE PAST WEEK.
CH20CHF ALSO HAS BEEN ON A BULLISH RUN SINCE 2016/11 SUPPORTING A FURTHER DOWNSIDE MOVEMENT ON THIS PAIR.
POSSIBLE WAVE EXTENTION OF LEG V
EURCHF PRICE SEEMS IS LOOKING TO BREAK PAST WEEKLY RESISTANCE OF 1.067XX
THE POUND IS INCREASING ITS DEVALUATION WEIGHT ON THE EURO HAS PUSHED THIS PAIR TO A TIGHTER RANGE AS IT MOVES TO LOWER LOWS OVER THE PAST WEEK.
CH20CHF ALSO HAS BEEN ON A BULLISH RUN SINCE 2016/11 SUPPORTING A FURTHER DOWNSIDE MOVEMENT ON THIS PAIR.
Comment:
Pending orders ready for breakout
Trade active:
Breakout to the upside