We have already published the opportunity to trade within the range at EURCHF 4 times.
It started in mid-July and for 3 months now the price has been moving in this range. As you know, this is a good opportunity to trade from the bottom to the top and back.
And in case of a breakthrough we look for an entry in the direction of the breakthrough. For now, the downward movement seems quite definite, and it is possible that this time we will see a closure below the range. This will allow the price to move to the next support of 1.0607
The longer the range lasts, the stronger it becomes and the moment we see a breakthrough, there will be a clear movement in the direction of the breakthrough. This will be a good opportunity for another trade.
If this analysis has helped you, then like, comment and follow us!
It started in mid-July and for 3 months now the price has been moving in this range. As you know, this is a good opportunity to trade from the bottom to the top and back.
And in case of a breakthrough we look for an entry in the direction of the breakthrough. For now, the downward movement seems quite definite, and it is possible that this time we will see a closure below the range. This will allow the price to move to the next support of 1.0607
The longer the range lasts, the stronger it becomes and the moment we see a breakthrough, there will be a clear movement in the direction of the breakthrough. This will be a good opportunity for another trade.
If this analysis has helped you, then like, comment and follow us!
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❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.