We can clearly see that
EURCHF
is in the up-trend for 4 years.
Price bounce down from 1.20000 but, we noticed that price breakout from the bearish channel, which can indicate, it is only a pullback.
After a breakout price squeezed to fake out all early buyers.
Now we are in this triangle and, if we could get a push to up-side from this triangle then we should witness a nice bullish action
-plus, we have a nice bullish divergence.
Okay so summarizing
following analysis, I believe EURCHF have nice bullish potential, so I'm going to buy this pair in this week.
Let's go to work!
Price bounce down from 1.20000 but, we noticed that price breakout from the bearish channel, which can indicate, it is only a pullback.
After a breakout price squeezed to fake out all early buyers.
Now we are in this triangle and, if we could get a push to up-side from this triangle then we should witness a nice bullish action
-plus, we have a nice bullish divergence.
Okay so summarizing
following analysis, I believe EURCHF have nice bullish potential, so I'm going to buy this pair in this week.
Let's go to work!
Trade closed: stop reached
This is looking interesting :P
Are y'all still don't believe us in this buy?