I did posted my Eur Chf chart before this, expecting a breakout of 4 hour trendline for this pair and the trend in my opinion should be bullish.
So yesterday, I noticed that Eur Chf move as expected, breakout of that trendline and banked about 130 pips then retraced to 23% fibonacci retracement.
Today is Friday and the market will closed within next a few hours, let see what we have for the next week. My outlook remain bullish unless the price create a new low. I believe that the current upward is in formation of sub wave 3 in major wave 1.
Happy weekend! I love when my chart works! 🙂