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mngFX
Feb 22, 2022 9:16 PM

EURCHF are we following a downtrend? Short

EUR/CHFOANDA

Description

Hi Traders,

EURCHF has been showing a clear downtrend in price which we can see price failed to push above 1.06 instead creating a double top and pushing down impulsively followed by a bearish correction and continuing downward. Price made a reversal Impulse however is showing weakness by moving correctively, which I anticipate this next besrish impulse to follow.

Follow your trading plan and watch for confirmation.

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