[MM's daily technical analysis] 22.09.2021 SHORT EURCHF
In the past few days we have witnessed two days of strong downward slip of the EURCHF.
1.0940-1.0970 area has proven to be strong resistance/struggle area and the strong downward momentum may indicate a reenter of the long-term downward channel.
My own trading system clam has indicated a sell signal thus we have established a trading idea of going short on EURCHF.
ideal OP: 1.08365 TP: 1.0700 SL: 1.09400 RR: 1.36
1.0940-1.0970 area has proven to be strong resistance/struggle area and the strong downward momentum may indicate a reenter of the long-term downward channel.
My own trading system clam has indicated a sell signal thus we have established a trading idea of going short on EURCHF.
ideal OP: 1.08365 TP: 1.0700 SL: 1.09400 RR: 1.36