TradingView
ThinkingAntsOk
Jun 1, 2020 12:30 PM

Waiting for a correction on EURCHF by ThinkingAntsOk 

Euro Fx/Swiss FrancFXCM

Description

Main items we can see on the chart:

a)The price made a reversal movement after reaching a major support zone (check the daily chart)

b)Currently, the price is facing a descending trendline, after two clear impulses and two clear corrections

c)Based on that we will expect a correction similar to the two previous ones (purple lines) on the current trendline

d)Our Bullish Target will be the next descending trendline.


DAILY CHART:
Comments
transparent-fx
this is my overall markup for eurchf
ThinkingAntsOk
@transparent-fx, Great view mate, thanks for sharing. We have the same concepts on the chart.
More