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ALIHAMID

EURCHF-Bearish Reversal

Short
Euro / Swiss Franc (OANDA:EURCHF)  
ALIHAMID  
OANDA:EURCHF   Euro / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
EURCHF is in bullish trend and making HH and HLs. However, series of bearish divergences have appeared which is indicates possibilities of bearish reversal. now divergences on RSI and MACD (both MAs and Histogram) has also synced and double top formation developed. Break out below 0.94905 will add strength to seller.
Entry:0.9490
TP-1: 0.9465
Tp-2: 0.9439
SL: 0.9516
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