Contributors Technical Analysis EUR/CHF Valid Breakout?

EUR/CHF Valid Breakout?

Price rallied today and extends the upside movement, remains to see if will have enough directional energy to stabilize above the fourth warning line (WL4) of the descending pitchfork. Has managed to jump much above the minor red downtrend line, signaling that the bulls are in control.

The upside movement is a natural one after the retest of the upper median line (uml) of the minor ascending pitchfork.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version