alikze

#EURCHF

Long
alikze Updated   
FX:EURCHF   Euro / Swiss Franc
In the daily and 4-hour period, it is moving in a descending channel, which is currently in the area of the bottom of the channel, with the formation of a corner pattern, after a higher floor and leaving the density to the specified supply area, it can move upward in the lower time frame (H2). -H4). The specified areas can be considered as a fluctuating vision.
Comment:
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Touch the second target
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After moving from the bottom of the channel to the resistance range, it stopped and by making a corner pattern in the support range and breaking 61.8 Fibo, it will have the ability to move towards the specified targets. If the range of the green box is broken, you can enter the reverse position.
Comment:
Departure from congestion towards the first target according to the analysis
Comment:
The second target was touched. Approximately more than 180 pips of movement.
Trade closed: target reached:

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