EURCHF POTENTIAL SHORT CONTINUATION

Hello Everyone!

How are you all?

EurChf is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.

So, I will be looking for a bearish continuation because of the following reasons:

1. The trend is bearish.

2. The price has formed a continuation structure and it is approaching the value area.


Game Plan:

If the price comes to the VA, and rejects at that level or sweeps the High and makes a bearish impulse followed by a 15mins flag with two highs and lows.

Entry : will look for a risk buy entry within the flag or a reduced risk entry on the breakout of the flag.