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InkyGrip
Apr 21, 2023 5:33 AM

EURCHF for a lower low? 🦐 

Euro / Swiss FrancFOREX.com

Description

EURCHF on the 4h chart got rejected by the daily resistance near the parity level.
The price started a series of lower low lower high and reached the daily support at the 0.98000 area.

The market with a series of lower low lower high is showing a bearish momentum and according to Plancton's strategy IF the market will break below i will consider a nice short order according to the CPS rules.

Comment

waiting for a bearish continuation
Comments
UnknownUnicorn15614419
A very good analysis of the asset. Glad I saw your idea)
InkyGrip
@TradingStat, thanks bro
LegionQ8
Good swiss franc idea, it's really possible scenario
InkyGrip
@LegionQ8, cool thanks
WalterMoon
Noted, thank you!
InkyGrip
@WalterMoon, thanks to you
Lingrid
I like this setup
InkyGrip
@Lingrid, you are welcome
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