Pullback Opportunity on the EURCHF 4h/1h Chart
Since August 2017 the asset price has been negotiating a bullish channel creating several new higher highs.
Last week we saw a strong impulse from the selling side which meant the break of the trend.
So, by now, what will be expected during the upcoming week is a correction from part of the asset until arround 1.16366 levels. To then enter as a seller if confirmed.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested
Last week we saw a strong impulse from the selling side which meant the break of the trend.
So, by now, what will be expected during the upcoming week is a correction from part of the asset until arround 1.16366 levels. To then enter as a seller if confirmed.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested