For this to be a valid one ,we should wait for price to break and close below the support line then we enter shorts with approximately the height of the cup as TP level.
We have been seeing layers of support after the CADCHF broke through its boxed consolidation as it approached the stong demand. I call that the rally base demand ,price currently as retraced back to that area and rejected hence the buying pressure as of today .what I want to see price do is to keep its bullish momentum and as it approaches the next strong area...
The dxy outlook for me is sideways movement, I will like price to break structure either to the upside or downside before I can plot my bais. Trade safe ,its a strong fundamental week ,NFP on Friday . Outcomes shall decide what next, tell me how you see it . Thanks
The overall trend of the EURCHF remains bearish, but before that I'm looking forward to price respecting my point of interest on the 4h rectangle, price broke structure and currently forming a pullback to the previous LH. Stepping down into lower tf, we can develop on an entry model for this long shot. Currently a sweet retracement and a partially undiluted...
The overall outlook on the EURCHF is on the bearish side but before I can tap into the sell side . I'll like price to respect an area of prevous resistance on the 4h. Rest assured we can still find some potential buying opportunities to the upside .patiently waiting for price to break the liquidity below and tap into my area of interest for entries for the long position
From the outlook of my chart, I'm expecting price to breakout from the trend line and form resistance at 106.808 Retracement is definite before this overall bullish movement. Keep watch and fingers crossed 🤞
From the outlook of this thesis, I'm currently seeing an inverted head and shoulder pattern on the EURCHF, it has been a dip so far . And currently seeing some rejection on the neckline of EURChF. Keep watch for reversal. This is my own personal view on this pair, tell me how you see yours