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jacklynch20
Apr 8, 2020 11:21 PM

Potential EURCHF Short Short

Euro Fx/Swiss FrancFXCM

Description

A downtrend of LL's and LH's has formed (marked) with a number of s and r lines (marked). The Stochastic oscillator suggests that the market is currently oversold so we can expect a rise to a support level followed by a continuation of the downtrend if the support holds (marked on the graph and indicator). A sell limit below the support line with a sl just above and a tp by R2 could prove profitable
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