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Timonrosso
Feb 3, 2023 2:57 PM

EUR/CHF bullish Symmetrical Triangle - Target 1.0259 Long

EUR/CHFOANDA

Description

Symmetrical Triangle has formed on the EUR/CHF
We just need to wait for a breakout for it to be perfect to enter.
7 < 21> 200 - Bullish
RSI >50
Target 1.0259
CONCERNS:
My only concern is that the previous trend was not a strong uptrend, but rather a sideways range.
This could set the motion for a sideways breakout.
Nevertheless, it's bullish bias.
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