EURCHF, MULTIPLE TIME FRAME ANALYSIS!
Monthly:
-Bearish driver.
-Price already rejected the 78.6% and now is rejecting the 61.8%
-Price is also retesting a previous zone of support that now is acting resistance.
Weekly:
-Weekly highs.
-S/D zone.
Daily:
-Bearish driver.
-H&S pattern.
-Possible retest of broken structure.
4H:
-We will be monitoring price action from a 4h perspective to look for a possible
entry only if all of our rules are satisfied.
-Bearish driver.
-Price already rejected the 78.6% and now is rejecting the 61.8%
-Price is also retesting a previous zone of support that now is acting resistance.
Weekly:
-Weekly highs.
-S/D zone.
Daily:
-Bearish driver.
-H&S pattern.
-Possible retest of broken structure.
4H:
-We will be monitoring price action from a 4h perspective to look for a possible
entry only if all of our rules are satisfied.