Pattern: Channel Up.
Signal: Buy as the MACD on the 1D time-frame made a bullish cross, while the price is finding Support around the 1D MA200 and the Higher Low trend-line of the Channel Up.
Target: 4.2500 (inner Higher Low trend-line).
Most recent CHFPLN signal:
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Pattern: Potential Head and Shoulders on 1W.
Signal: (A) Bearish if the 3.85700 1D Support breaks, (B) bullish if it holds.
Target: (A) 3.75000, (B) 4.03000.
CHFPLN expected to rise up to 1st resistance at 4.0451 where it could potentially react off and drop down to 1st support at 4.0247.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
CHFPLN bounced off 191.11 where it could potentially rise further to 371.18.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
