This pair is consolidating under MM20, facing a resistance in the MM20. High possibility to a consolidation before continuous a correction. Short Setup
THIS PAIR IS TESTING THE BOTTOM EDGE OF THE CHANNEL, IN SITUATION LIKE THIS THE ODDS FOR A BULLISH MOMENTUM IS HIGH. I WILL WAIT FOR THE PRICE BREAK UP THE HIGH LEVEL OF THE PREVIOUS CANDLE FOR ENTRY AS A LONG SETUP.
After tested 3 times the support zone, the price showed up a doji, probably a indecision scenario ahead. High probability for a bullish momentum find out a long setup.
Attention on this level. Possible bounce up for the days ahead. Wait for a bulish sign. Telegram: t.me Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
OANDA:EURCHF IS INSIDE A CHANNEL AND TESTING THE BOTTOM EDGE. I WILL WAIT A REJECTION CANDLE IN THIS AREA FOR DECIDE TO HOP ON IN A LONG TRADE
Market doing pivot in all most pairs... keep watching!!
GET LONG IF: - CHIKOU JUMP UP PRICE - KUMO KEEP BULLISH - TENKAN CROSS ABOVE THE KIJUN