Strong Bearish Divergence in EUR/CHF.
1. The confluence is occurs in Fibonacci Expansion @ 1.414 (1.1053)
2. According to 4HR Time Frame, MACD, DMI & ADX, RSI confirms the strong bearish divergence.
3. We can set limit by using Fibonacci Retracement, TP1 @ .500 (1.0946) and TP2 @ .618 (1.0919)
1. The confluence is occurs in Fibonacci Expansion @ 1.414 (1.1053)
2. According to 4HR Time Frame, MACD, DMI & ADX, RSI confirms the strong bearish divergence.
3. We can set limit by using Fibonacci Retracement, TP1 @ .500 (1.0946) and TP2 @ .618 (1.0919)