EURCHF is forming an expanding triangle on the daily. Approaching the support line of the triangle, hourly chart is showing a descending channel.
Price has already bounced off of the triangle support line, if price continues upwards past previous high, will be going long.
If price stays in channel, will wait for a double bottom.
Price has already bounced off of the triangle support line, if price continues upwards past previous high, will be going long.
If price stays in channel, will wait for a double bottom.
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.
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.