EUR/CHF Long - W divergence + double bottom
Weekly chart couldn't break the low, daily is showing possible rejection.
There is a positive correlation between EURCHF and TRYJPY (96% in the past month), TRYJPY already bounced with big green daily candles.
We should wait for a lower timeframe confirmation before buying (entry, stop and target levels are just for guidance).
There is a positive correlation between EURCHF and TRYJPY (96% in the past month), TRYJPY already bounced with big green daily candles.
We should wait for a lower timeframe confirmation before buying (entry, stop and target levels are just for guidance).
Order cancelled
Price didn't break consolidation 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.