Euro / Franco Suíço
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"Top and Bottom Analysis" EUR/CHF by ThinkingAntsOk

83
4H CHART EXPLANATION:

Main Items we Observe on the Chart:

-On April 2019 price broke the ascending trend line
-After that, price started a corrective structure
-As we saw on the weekly analysis the price couldn't surpass the resistance zone and made a breakout of the corrective structure, starting a bearish movement

Based on this, as the price breaks out below 1.13400 with close candlesticks we expect a continuation of the descending movement towards 1.11900

Expect corrective structures to be formed on the way to the support zone


MULTI TIMEFRAME VISION:

Weekly:
snapshot

Daily:
snapshot

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