121 BEARISH HARMONIC PATTERN
POSSIBLE WAVE EXTENTION OF LEG V
EURCHF PRICE SEEMS IS LOOKING TO BREAK PAST WEEKLY RESISTANCE OF 1.067XX
THE POUND IS INCREASING ITS DEVALUATION WEIGHT ON THE EURO HAS PUSHED THIS PAIR TO A TIGHTER RANGE AS IT MOVES TO LOWER LOWS OVER THE PAST WEEK.
CH20CHF ALSO HAS BEEN ON A BULLISH RUN SINCE 2016/11 SUPPORTING A FURTHER DOWNSIDE MOVEMENT ON THIS PAIR.
POSSIBLE WAVE EXTENTION OF LEG V
EURCHF PRICE SEEMS IS LOOKING TO BREAK PAST WEEKLY RESISTANCE OF 1.067XX
THE POUND IS INCREASING ITS DEVALUATION WEIGHT ON THE EURO HAS PUSHED THIS PAIR TO A TIGHTER RANGE AS IT MOVES TO LOWER LOWS OVER THE PAST WEEK.
CH20CHF ALSO HAS BEEN ON A BULLISH RUN SINCE 2016/11 SUPPORTING A FURTHER DOWNSIDE MOVEMENT ON THIS PAIR.
Note
Pending orders ready for breakoutTrade active
Breakout to the upside
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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.