EURCHF - Wait For The Trigger!⏰

FX:EURCHF   Euro / Swiss Franc
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

on WEEKLY: Left Chart
EURCHF has been overall bearish trading inside the red falling broadening wedge and it is currently sitting around the upper trendline acting as a non-horizontal resistance.

Moreover, the green level 1.0 is a resistance zone and previous major low.

on H1: Right Chart
EURCHF is forming a head and shoulders pattern.

For the bears to take over, we need a momentum candle close below the gray neckline.

Meanwhile, until the sell is activated, EURCHF can still trade higher.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!

This analysis is done using RichTL


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