EURCHF Bullish MACD/RSI Double Divergence
Pair / Instrument: EURCHF
Time Frame: H1
The trend in the Timeframe: BEARISH
The trend in the Daily Chart: BEARISH
Description: EURCHF Breaks above the rectangle pattern and shortterm Bullish move confirmed by the RSI/MACD bullish divergence.
Trade Based On: Rectangle Breakout
Stop Loss: 1.14900
Take Profit 1: 1.15250
Take Profit 2: 1.15450
You can follow the idea:
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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
EURCHF:Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility