We can clearly see that 
EURCHF is in the up-trend for 4 years.
Price bounce down from 1.20000 but, we noticed that price breakout from the bearish channel, which can indicate, it is only a pullback.
After a breakout price squeezed to fake out all early buyers.
Now we are in this triangle and, if we could get a push to up-side from this triangle then we should witness a nice bullish action
-plus, we have a nice bullish divergence.
Okay so summarizing
following analysis, I believe EURCHF have nice bullish potential, so I'm going to buy this pair in this week.
Let's go to work!
EURCHF is in the up-trend for 4 years.Price bounce down from 1.20000 but, we noticed that price breakout from the bearish channel, which can indicate, it is only a pullback.
After a breakout price squeezed to fake out all early buyers.
Now we are in this triangle and, if we could get a push to up-side from this triangle then we should witness a nice bullish action
-plus, we have a nice bullish divergence.
Okay so summarizing
following analysis, I believe EURCHF have nice bullish potential, so I'm going to buy this pair in this week.
Let's go to work!
Note
This is looking interesting :P
Are y'all still don't believe us in this buy?
Trade closed: stop reached
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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.
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.