on DAILY: EURCHF is sitting around support so we will be looking for objective buy setups on lower timeframes.
on H1: EURCHF is forming a channel in red but it is not valid yet, so we are waiting for a third swing to form around our upper red trendline to consider it our last swing and then enter on its break upward.
we also have a regular bullish divergence adding more confluence to our buy setup.
on H1: EURCHF is forming a channel in red but it is not valid yet, so we are waiting for a third swing to form around our upper red trendline to consider it our last swing and then enter on its break upward.
we also have a regular bullish divergence adding more confluence to our buy setup.
This analysis is done using RichTL
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www.RichTL.com
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