Currency Pair: EUR.CHF Time Frame: Daily, 4hr, 1hr & 5min Predicted Direction: Short
EUR.CHF updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Comment
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Ascending trendline breakout has now occurred. Possible short opportunity into tomorrow.
@tomhall Any updates on this pair? As I see it the 200MAV has been crushed with three consecutive H4 candles and we have a bearish cross of the 20MAV crossing below the 50MAV on H4. These factors are enough for a nice short position for me. I plan on holding until the mid 1.8xxx at least. Thoughts?
UnknownUnicorn180388
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@zader33, Hi,
As of right now the direction is unclear given the wedge formation forming on the 4hr TF, i am mixed signals on different TF's
mohamed2000
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Hi,
Is there any update?
Thanks
winerstep
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Good job
lucamodena
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I agree!
erkggz
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I am going in!
UnknownUnicorn1676723
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So you will probably enter the trade tomorrow because you are waiting for the downtrend to confirm (LL's and LH's) ? Do you not enter short trades as soon as the ascending trendline gets broken?