Hello everyone, this is my idea on the pair EUR/CHF, as you can see in the chart I highlighted, some areas, which are quite important, I have used the volume profile and technical analisys.
As you can see the price has started to increase, creating a bullish structure, (higher high…) but at the same time, it seems that this trend is a little bit weak, mainly because there is a divergence with the RSI, which give us information about the momentum, and moreover, the price is approaching to a an important zone which
I highlighted in the chart. I personally have a bearish short term vision, on this pair.
I wrote some information in the chart, in addition we have to consider the macroeconomic news, as the inflation rate right now
As you can see the price has started to increase, creating a bullish structure, (higher high…) but at the same time, it seems that this trend is a little bit weak, mainly because there is a divergence with the RSI, which give us information about the momentum, and moreover, the price is approaching to a an important zone which
I highlighted in the chart. I personally have a bearish short term vision, on this pair.
I wrote some information in the chart, in addition we have to consider the macroeconomic news, as the inflation rate right now
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.
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.