EURCHF BULL'S POTENTIAL MOVE H4/DAILY

Hi All!

EURCHF has formed bullish pattern by reaching point 5 of the Wolfewave. Currently it is re-testing support in the 1.083x area and RSI is showing divergence on H4 time frame.
If it holds and new peak formation will be confirmed, it presents a good opportunity to enter longs.

Great trades!

Zlecenie aktywne:

Everything is currently working as intended, just takes time.

Komentarz:

*3 long positions were opened last week after the peak formation was finalized as planned.

Zlecenie zamknięto ręcznie:

Minor bearish yellow wave formed successfully and RSI divergence is confirming its possibility for the price to retrace from current positions after bouncing line 2-4.

All positions are closed.

However, it may be possible to re-entry longs later depending on the situation - major green pattern remains valid.

Komentarz:

The pattern reached and surpassed line 1-4 and can be considered to be over now. Excellent wave)