TradingView
Jakubaszek
Mar 17, 2019 9:07 PM

#EURCHF Time for some Bullish action? Long

Euro Fx/Swiss FrancFXCM

Description

We can clearly see that FX: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!





Comment



This is looking interesting :P
Are y'all still don't believe us in this buy?

Trade closed: stop reached

More