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tommyjones91

EURCHF NEARING IMPORTANT LEVEL LIKELY SHORT.

Short
Euro / Franco svizzero (FX:EURCHF)  
tommyjones91  
FX:EURCHF   Euro / Franco svizzero
EURCHF Fibonacci trend Bearish Patterns
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eurchf fibonacci trend bearish
EURCHF HAS BEEN FOLLOWING A DESCENDING TREND LINE SINCE THE 6TH OF APRIL WHICH IS NOW COMING TO A HEAD, SUPPORT HAS BEEN FOUND AT 1.0233 WITH MULTIPLE DOJI'S FORMING SHOWING GREAT INDECISION. IT COMES AS WE REACH THE 50% LEVEL OF THE JAN 15TH (SNB BOMBSHELL) TO 20TH FEB RECOVERY ATTEMPT. i WOULD EXPECT A BREAK BELOW TO HAPPEN AND AN OPPORTUNITY FOR A SHORT.
BUT WE WAIT FOR PRICE ACTION AND CONFIRMATION.
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