Get started
CromerKing

EURCHF Longer Term Shorts - Massive Consecutive Candle count

Short
Euro / Swiss Franc (FX:EURCHF)  
CromerKing  
FX:EURCHF   Euro / Swiss Franc
Trend Analysis Trend Lines Economic Cycles consecutiveupcandles consecutivecandles EURCHF longerterm longtermshort Channels trendchannels swingtrading
6
2
trendanalysis trendline economiccycle consecutiveupcandles consecutivecandles eurchf longerterm longtermshort channelstudies trendchannels swingtrading
Really like the idea of shorts on this pair for a number of reasons, well 2 mostly! Firstly we're back up at the top of a descending channel and this pair has been falling for a long long time. And more perhaps more importantly is that the consecutive bullish candle count has never been this high since 1993 - it doesn't happen often and when it does it falls over. It's a probabilities play for sure but one I'll be taking.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.