VasilyTrader

EURCHF: Time to Fall! Bearish Continuation 🇪🇺🇨🇭

Short
OANDA:EURCHF   Euro / Swiss Franc

Hey traders,

As you remember we spotted a breakout of a major key weekly structure on EURCHF .
Finally we see the retest.

Analyzing the intraday time frames I spotted a falling parallel channel .
This morning the price formed a descending triangle formation on its resistance.
Now we see its neckline breakout.

I anticipate a bearish continuation within the channel.

Goals:
1.045
1.043

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Comment: Check my new idea on AUDCAD: