EURCHF: Is That a Bearish Trap?! 🇪🇺🇨🇭

snapshot

Looks like we have a nice example of a bearish trap on EURCHF:
after a violation of a key support level, the price formed a cup & handle pattern
and started to recover rapidly.

With the violation of the neckline of the pattern,
the price successfully returned above the broken structure.

It looks like the pair may continue growing now.
Goal - 0.9388

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