Top and Bottom analysis on EURCHF by ThinkingAntsOk
Use this as an idea to develop your own setup
Main items we see on the 4hs Chart:
a)The Descending Channel is Broken
b)A corrective formation was made outside of the Previous Bearish Channel
c)On the corrective formation we can see a huge Bear Trap, that confirms the possible bullish Resolution
d)We can see interesting upside potential for long setups
e) If the structure is broken with a bullish movement, we expect a continuation of it towards the next resistance zone at 1.11600
Weekly Vision:
Daily Vision:
Main items we see on the 4hs Chart:
a)The Descending Channel is Broken
b)A corrective formation was made outside of the Previous Bearish Channel
c)On the corrective formation we can see a huge Bear Trap, that confirms the possible bullish Resolution
d)We can see interesting upside potential for long setups
e) If the structure is broken with a bullish movement, we expect a continuation of it towards the next resistance zone at 1.11600
Weekly Vision:
Daily Vision:
Aviso legal
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