H1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further in the short term.
D1 - Bullish convergence.
No opposite signs.
Expecting short term bullish moves to happen here.
H1 - Bullish trend pattern
Currently it looks like a correction is happening.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
27th October daily key reversal bar formed made a new high closed on the low. 28th & 31st daily inside bars did not breach key reversal bar high. supply zone for short 0.9910-30. stop loss 0.9965, target: 0.9780.
15th September daily key reversal bar made a new low closed on the high. 16th daily insurance bar, indication for strength ahead. Demand zone for long 0.9615. stop loss 0.9570, target : 0.9740
eurchf monthly chat shows price testing seven years support area i.e Jan 2015 low considering strong support area for long with stop loss few pips below 0.9730 for target 1.0490-500.
