EURCHF is trading inside a Channel Down after getting rejected on January's Falling Resistance.
As long as the Channel Down is intact, the trend is bearish. If broken to the upside, it's bullish.
They key to it however seems to be the RSI.
Trading Plan:
1. Sell as long as the RSI (1d) remains under its MA line.
2. Buy if it crosses over it.
Targets:
1. 0.97500 (near Support 1)
2. 0.99500 (near Falling Resistance).
Tips:
1. The RSI (1d) has always given a buy signal when it crossed above its MA ever since the Falling Resistance started.
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As long as the Channel Down is intact, the trend is bearish. If broken to the upside, it's bullish.
They key to it however seems to be the RSI.
Trading Plan:
1. Sell as long as the RSI (1d) remains under its MA line.
2. Buy if it crosses over it.
Targets:
1. 0.97500 (near Support 1)
2. 0.99500 (near Falling Resistance).
Tips:
1. The RSI (1d) has always given a buy signal when it crossed above its MA ever since the Falling Resistance started.
Please like, follow and comment!!
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Also doing account management, earn +15% monthly profit!
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.