EURCHF SWING TRADE UPDATE

MONTHLY:


We are stilll overall bearish in this market.
In January 2015 we hit an all time market low around .96 cents. April 2018 we hit a high of 1.20. Price has decreased since then and found support around 1.05. Since then we have found resistance at price around 1.08500. I suggest that price will break resistance, and continue bullish till arouns 1.10 before heading back down.

As you can see i spotted a potential head and shoulders pattern forming on this timeframe.

WEEKLY:


The weekly is considered Bullish and is seeking new highs with an increase in volume to the upside.
I found a GARTLEY pattern forming as well. Considering the market is bullish, there will be a break of next structure to reach the 1.272 extention from the A to B leg.

DAILY:


We are considered bullish on the daily as well, and after breaking previous 4HR resitance structure, we will most likely see a retest then continue up to complete GARTLEY pattern.

GOOD TRADING.