FX-TradingLions

EURCHF | COULD BE A GOOD SELL!

Short
FX:EURCHF   Euro / Swiss Franc
Hey Traders,

Today we have a nice rectangle break into a forming decending triangle, with a bearish engulfing candlestick as confirmation, first take profit is at around 20 pips if we manage to break support this trade will drop a lot more. I also like the ma crossover and 12 hour timeframe has nice bounces off 200 MA line.๐Ÿ˜Š๐Ÿ“ˆ

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.