Get started
ThinkingAntsOk

Corrective Structure and Two Scenarios on EURCHF

Euro / Swiss Franc (FX:EURCHF)  
ThinkingAntsOk  
FX:EURCHF   Euro / Swiss Franc
Trend Analysis Support and Resistance Multiple Time Frame Analysis EURCHF chf EUR Forex swingtrading
7
2
trendanalysis supportandresistance mtfa eurchf chf eur forex swingtrading
Main items we can see on the chart:

a) The price is currently on a small correction on the edge of a descending trendline

b) We think that a motive wave will come after the breakout of that structure

c) Long Scenario: The price will go towards the next Resistance Zone

d) Short Scenario: The price will go towards the base of the previous compression (yellow lines)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.