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IvanLabrie
May 23, 2015 4:27 PM

EURCHF: Neutral, potentially bullish 

Euro Fx/Swiss FrancFXCM

Description

Monitor this week's price action, I suspect we might see further uptrend continuation in this pair.
Analysis on chart.
Good luck,
Ivan.
Comments
ElPatron.Y
First bullish signals are visible indeed.
IvanLabrie
That move after the falling wedge, steep 5 wave move up, then three corrective legs. If you look closely it's like a miniature version of the daily chart structure since the low.
IvanLabrie
It seems promising but I'll wait for confirmation in the daily chart.

IvanLabrie
IvanLabrie
The last two bars show some buyers coming in, looking at the 4h and 1h timeframes for more clues.
IvanLabrie
The move down will be shortlived from here, watching closely.
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