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ThinkingAntsOk

Waiting for a correction on EURCHF by ThinkingAntsOk

Euro / Franco svizzero (FX:EURCHF)  
ThinkingAntsOk  
FX:EURCHF   Euro / Franco svizzero
Trend Analysis Support and Resistance Multiple Time Frame Analysis EURCHF chf EUR swingtrading Forex
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trendanalysis supportandresistance mtfa eurchf chf eur swingtrading forex
Main items we can see on the chart:

a)The price made a reversal movement after reaching a major support zone (check the daily chart)

b)Currently, the price is facing a descending trendline, after two clear impulses and two clear corrections

c)Based on that we will expect a correction similar to the two previous ones (purple lines) on the current trendline

d)Our Bullish Target will be the next descending trendline.


DAILY CHART:
snapshot

Idee correlate

ThinkingAntsOk
EURCHF 4HS and Weekly Analysis by ThinkingAntsOk
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