EURCHF - Potential 60 pip short
Simple short idea on EURCHF, H4 timeframe.
Price appears to be breaking the head and shoulders neckline, with the past four h4 candles remaining under the 200 EMA. Doji candles indicate price is due a breakout. The technicals look bearish and I believe we can see at least around a 60 pip push down to the next structure.
Profits could be taken at the 106 psychological level where price may reject.
Price appears to be breaking the head and shoulders neckline, with the past four h4 candles remaining under the 200 EMA. Doji candles indicate price is due a breakout. The technicals look bearish and I believe we can see at least around a 60 pip push down to the next structure.
Profits could be taken at the 106 psychological level where price may reject.
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