EURCHF Trade Setup Idea 22 July to 26 July 2019

EURCHF Downtrtend will continue

Trade market is risk-able. This market commentary is my own trading view. Before applying my trading strategy please see the Risk Disclosure. Do your own research and be aware of the risks and rewards.
All charts are illustrated in this commentary are Daily Chart Time Frame except I mention other
Currency: EURCHF
Chart (Click to Download Newyork Close Chart): MT4 EURCHF Daily Chart
Support Point: 1.0830 & 1.0622
Resistance Point: 1.1155 & 1.1473
Signal (Click to Read My favoriteForex Signals): Wait for a Bearish Tailbar/Pinbar between the price 1.0995 to 1.1155.

EURCHF Daily Chart
Want to Trade without any Deposit? Now Get $500 Bonus & Start your Trading
My Opinion: EURCH start down trending from the resistance point 1.1475 and continue its down trend. Finally EURCHF break its support point 1.1155 and now this support has become new resistance for this currency. We can expect this market downtrend will continue to next support 1.0830 prices. We can get a bearish Tailbar/Pinbar sell signal between the prices 1.0995 to 1.1155 because this the 50% Fibonacchi Retracement point. I will notify you when new signal will print in this point. Submit your Email to get notification and stay with us. 

No comments

Theme images by Petrovich9. Powered by Blogger.