EURCHF breaks multi channel

١١ ديسمبر ٢٠٢٠

Chart says it all, if you have questions feel free to ask in the comments.

Ascending Triangle forming to break out from the multi year descending channel. We hit the resistance zone and the turned right around to confirm the channel break. We have confirmed the channel as support on the lower time frames. What we are looking for now is a weekly close on or outside the channel.

Bullish target indicated by the grey box which lines up with the Ascending Triangle Target, the weekly 200 sma, and the fibs.... I love confluence.

٢٤ فبراير ٢٠٢١

ملاحظة

Absolutely massive breakout over the past week. We're now targeting the next area highlighted in grey

١٦ مارس ٢٠٢١

ملاحظة

A Touch and perfect rejection at our grey supply zone