BEARISH CHANNEL BREAKOUT CUM DOUBLE BOTTOM CONFIRMATION
The EURCHF recently nosedive within a bearish channel.. The recent Double Bottom formation suggest to us that the bears will be changing guards for the bulls to take over. The Double Bottom formation and breakout of the bearish channel gave us a strong conviction to go long.
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.