欧元/瑞郎
做空

EURCHF: Channel Down top. Sell.

233
EURCHF is approaching the top of the multi year Channel Down pattern with 1D on bullish technicals (RSI = 66.643, MACD = 0.006, ADX = 55.830) but with a weekly chart almost overbought. The 1D RSI has already posted its first LL which suggest an underlying Bearish Divergence. We turn bearish on this pair targeting the 0.5 Fibonacci (TP = 0.9600) like the previous corrective wave did.

See how our prior idea has worked out:

EURCHF: Buy opportunity at the bottom of the 1 year Channel Down


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