Hey traders,
As you remember we spotted a breakout of a major key weekly structure on EURCHF.
Finally we see the retest.
Analyzing the intraday time frames I spotted a falling parallel channel.
This morning the price formed a descending triangle formation on its resistance.
Now we see its neckline breakout.
I anticipate a bearish continuation within the channel.
Goals:
1.045
1.043
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Note
Check my new idea on AUDCAD: 
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.