EUR/CHF started its last impulse at 1.07400 and correctly completed at 1.11516 on the 1 hour timeframe, using Fibonacci, then the correction began.
This formed a symmetric triangle which it's retest in turn formed a parallels channel to the base of the symmetrical triangle.
I think right now it has began it's journey to retest the level where the impulse broke out which is at 1.08938, but a fair value will be 1.09328
Note:
This is just my idea and trading strategy and not a financial advice .
Traders what do you think
This formed a symmetric triangle which it's retest in turn formed a parallels channel to the base of the symmetrical triangle.
I think right now it has began it's journey to retest the level where the impulse broke out which is at 1.08938, but a fair value will be 1.09328
Note:
This is just my idea and trading strategy and not a financial advice .
Traders what do you think
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.