Euro To Swiss Franc Chart May Surprise! EUR/CHF – Top-Down Analysis!

Euro To Swiss Franc Chart May Surprise! EUR/CHF – Top-Down Analysis!

DAILY: Left Chart. EURCHF is overall bearish and now approaching a resistance so we will be looking for sell setups on lower timeframes.

H1: Right Chart

EURCHF is forming a channel in red but the lower trendline is not valid yet, so we are waiting for a new swing low to form around it to consider it our trigger swing.


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Trigger => Waiting for that swing low to form and then sell after a momentum candle close below it (gray zone)

EURCHF Chart | Forex

Meanwhile, until the sell is activated, EURCHF can still trade higher.


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Good luck!

All Strategies Are Good; If Managed Properly!

~Rich

Richard Nasr

Richard Nasr

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