Symmetrical Triangle has formed on the EUR/CHF
We just need to wait for a breakout for it to be perfect to enter.
7 < 21> 200 - Bullish
RSI >50
Target 1.0259
CONCERNS:
My only concern is that the previous trend was not a strong uptrend, but rather a sideways range.
This could set the motion for a sideways breakout.
Nevertheless, it's bullish bias.
We just need to wait for a breakout for it to be perfect to enter.
7 < 21> 200 - Bullish
RSI >50
Target 1.0259
CONCERNS:
My only concern is that the previous trend was not a strong uptrend, but rather a sideways range.
This could set the motion for a sideways breakout.
Nevertheless, it's bullish bias.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)