EURCHF Ascending Broadening Wedge, Fanning of Moving Averages
Ascending Broading Wedge is low on probabilities of bullish reversal, but it does happen and has historically with this pair.
However, the price action typically moves down further as a false sell off before a reversal.
Bulkowski
The confluence of the fanning of the moving averages is also historical and a good indicator of a potential trend reversal.
The RSI is not totally clear.
MACD is rolling downward.
D1 is due for a retracement and already attempting, but daily pinbar shows heavy bearish.
Fundamentals might get in the way! (Brexit)
Be patient with this one. Look for a 4h candle close above the 50ma. Even then ...
Ascending Broading Wedge is low on probabilities of bullish reversal, but it does happen and has historically with this pair.
However, the price action typically moves down further as a false sell off before a reversal.
Bulkowski
The confluence of the fanning of the moving averages is also historical and a good indicator of a potential trend reversal.
The RSI is not totally clear.
MACD is rolling downward.
D1 is due for a retracement and already attempting, but daily pinbar shows heavy bearish.
Fundamentals might get in the way! (Brexit)
Be patient with this one. Look for a 4h candle close above the 50ma. Even then ...
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.