EURCHF Bearish Head and Shoulder. Setup for Short
Updated
ANALYSIS:
EURCHF has completed Head and Shoulder and it is going back to test the neckline in a Bearish rising Wedge. So when the Breakout of Wedge starts. We will take entry. The First target is at 38.2(fibonacci level) which is about 1500 pips.And the Second target is at 61.8(fibonacci level) which is about 3000 pips.So don't miss it.
INDICATORS:
1. RSI
2. MACD
3. Moving average 20, 50,100
GOOD LUCK
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EURCHF has completed Head and Shoulder and it is going back to test the neckline in a Bearish rising Wedge. So when the Breakout of Wedge starts. We will take entry. The First target is at 38.2(fibonacci level) which is about 1500 pips.And the Second target is at 61.8(fibonacci level) which is about 3000 pips.So don't miss it.
INDICATORS:
1. RSI
2. MACD
3. Moving average 20, 50,100
GOOD LUCK
FOLLOW Me for more ideas....
Leave a Like,Comment if you Agree...
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