EURCHF: Classic Wyckoff Pattern 🇪🇺🇨đź‡
Traders, I see a classic Wyckoff accumulation pattern on a daily time frame on EURCHF.
After a strong bearish wave, the market started to trade within a horizontal trading range.
Even though, the price set a new low, consolidating, the market managed to return to the upper boundary of the range.
Yesterday, a high momentum bullish candle was formed.
The market successfully broke and closed above the range's resistance.
It makes me think that the described consolidation was the accumulation stage and a bullish movement is coming.
Goals: 0.9813 / 0.9848
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.