EURCHF is not among my favorite pair, until yesterday I long at 1.3006 and until I write this post, I already profit 29 pips. Very slow and this 29 pips takes all night long. Its ok.
Let’s see its monthly chart.
And below is its weekly chart.
And below is its 4 hour timeframe chart.
Yezzzzaa!! 🙂 It is hitting the trendline. If you look at the candle, you will say.. it is nice, nice candle. If you look into divergence, at 1 hour timeframe, you will see a bullish divergence. Stochastic, RSI .. both are oversold.
So what will happen next? A breakout or bring further downfall?