Pronoe

EURCHF Bearish Butterfly Pattern OR Descending Triangle

FX:EURCHF   Euro / Franc Suisse
I expect the price to continue its uptrend for a day or two until it reaches the .382 retracement level, at which point it can then go either way

- The price will break above the .382 retracement level in which case I'll go long expecting a take profit around the top of my Fibonacci retracement.

or

- The price will bounce of the .382 retracement level in which case I'll go short if it break below the .500 retracement level expecting a take profit around my support area
Clause de non-responsabilité

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.