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Euro / Swiss Franc
Long
Updated

euro swiss finally found a bottom?

679
snapshot

hey guys,

euro swiss is very bearish during the last two weeks.

now the market is very close to break a significant support level and continue downwards.

however,
on a lower timeframe, we see clear signs of bears exhaustion,
so it is reasonable to anticipate a pullback before another rally.

on 1 h chart, I am focused on a trading range between 1.16 - 1.20.

I will be looking for buying bullish violation of this trading range with targets based on structure.

good luck!
Note
retest of the bottom support
Note
one more attempt to break the resistance
Trade active
Note
market is going up
Note
hit the initial target
VasilyTrader
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Chart PatternsdollarTechnical IndicatorsParallel ChannelRelative Strength Index (RSI)structuresupportTrend Analysis

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Chart PatternsdollarTechnical IndicatorsParallel ChannelRelative Strength Index (RSI)structuresupportTrend Analysis
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Also on:

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.