EURCHF BEARISH CONTINUATION SETUP
Price breaks and retested broken support level that lined up with H4 moving averages and 50.0 Fib ratio.
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This swing is also a possible Wave 4 of ending diagonal wave and price has the potential to move down towards the support zone & -27.0 Fib area to complete the Wave 5.
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Price has also made a daily bearish engulfing candle and inside candle which are further confirming the bearish potential.
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We will look for the breakout of the corrective structure CTL for entry.
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Safe trading!
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This swing is also a possible Wave 4 of ending diagonal wave and price has the potential to move down towards the support zone & -27.0 Fib area to complete the Wave 5.
.
Price has also made a daily bearish engulfing candle and inside candle which are further confirming the bearish potential.
.
We will look for the breakout of the corrective structure CTL for entry.
.
Safe trading!
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.