Moving towards the Resistance, EURCHF by ThinkingAntsOk
Main items we can see on the chart:
a) The price made a bullish movement after breaking the previous compressive structure (yellow lines)
b) Currently, the price is inside a corrective Structure (purple lines)
c) We expect a continuation of the bullish movement if the price breaks above it
d) The Target will be the Support Resistance Zone
e) We also have an invalidation zone in case the price does not go as expected
a) The price made a bullish movement after breaking the previous compressive structure (yellow lines)
b) Currently, the price is inside a corrective Structure (purple lines)
c) We expect a continuation of the bullish movement if the price breaks above it
d) The Target will be the Support Resistance Zone
e) We also have an invalidation zone in case the price does not go as expected