EURCHF- Long term Swing Trade
Updated
Technical Analysis:
-Trop down analysis shows that there is a strong bearish trend for this pair so I will only be looking for short trades.
-Supply zone and Fibonacci level 62% are in line which shows a strong confluence that price will retrace to from this level.
-According to my algorithm, the seasonality shows a bearish trend for this pair will last till the beginning of may.
Fundamental Analysis:
There will be a few major impact news which could have a massive impact on how how price will react during the news.
-Trop down analysis shows that there is a strong bearish trend for this pair so I will only be looking for short trades.
-Supply zone and Fibonacci level 62% are in line which shows a strong confluence that price will retrace to from this level.
-According to my algorithm, the seasonality shows a bearish trend for this pair will last till the beginning of may.
Fundamental Analysis:
There will be a few major impact news which could have a massive impact on how how price will react during the news.
Trade active
Trade closed: target reached
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