Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EURCHF TREND-FRIEND FOLLOWING 📚
👉As we can see price is still overall bearish trading inside this falling channel, from a long-term perspective, Meanwhile, we caught a nice bullish correction movement as per our previous analysis.
👉Moreover, price is approaching a massive zone, resistance lining up with our falling trendline, where we will be looking for new bearish movements on lower time frame like double top or any bearish reversal pattern.
Unless price managed to break above 0.9550 from Daily time frame, then a movement higher would be expected. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
EURCHF TREND-FRIEND FOLLOWING 📚
👉As we can see price is still overall bearish trading inside this falling channel, from a long-term perspective, Meanwhile, we caught a nice bullish correction movement as per our previous analysis.
👉Moreover, price is approaching a massive zone, resistance lining up with our falling trendline, where we will be looking for new bearish movements on lower time frame like double top or any bearish reversal pattern.
Unless price managed to break above 0.9550 from Daily time frame, then a movement higher would be expected. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!