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ForecastCity_World
Jan 15, 2021 6:51 PM

πŸ’‘ Don't miss the great sell opportunity in EURCHFΒ Short

Euro Fx/Swiss FrancFXCM

Description

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Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.0797). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURCHF is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.

Take Profits:
TP1= @ 1.0745
TP2= @ 1.0710
TP3= @ 1.0665
TP4= @ 1.0600
TP5= @ 1.0505

SL: Break Above R2

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Comments
carefulOwl22772
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Super perfect analysis. πŸ‘
ForecastCity_World
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@carefulOwl22772, Thank you for your comment. We appreciate it 🌹
DenizKilicDeniz
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πŸ‘βœŒοΈYou've been very helpfulβ€― to me
ForecastCity_World
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@DenizKilicDeniz, We're happy to help! .🌹
Kamryn
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YOU"RE SO RIGHT. Targets are perfect, Good Choice. πŸ‘
Sir_Ray
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thanks for the brilliant tip
Pro_Trader_007
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Well done. πŸ‘
Josef_anderson
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I always enjoy your ideas. Thanks πŸ‘
Best_Forecast
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Good analysis. I totally agree with your technical lines. they're as perfect as mine :)
Kristalyn
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I love the idea, as usual great detailed and helpful.
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