Hello traders ,
There is a great opportunity on EURCHF pair as it retested daily trendline.
Let's see the Daily chart :
On the daily chart we can see the green dotted line as a great trendline in this pair.
Price retested this trendline yesterday and also today and it jostled the line and went back below it.
We have got another trendline which is the short-term one ,exactly in the 4hour time frame.
So let's zoom in to the H4 chart :
We have got 2 possibilites here , long or short?
when the short-term trendline be broken then look for a pull back to retest it and after a bearish candle we will put the short button of our platforms.
On the other hand we are looking for the resistant line around 1.3500 to be broken and a pull back around 1.3500 to go long.
Have a nice weekend and don't forget to follow me on twitter for the live signals and other updates.
Thanks
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