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EURCHF: Update & Bearish Outlook ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡จ๐Ÿ‡ญ

VasilyTrader์˜
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This week we spotted a bearish breakout of a key level on EURCHF pair.
I was patiently waiting for a retest of the broken structure to look for shorting opportunities.
Today I finally spotted one.

The price formed a double top formation with a lower high on an hourly time frame.
Its neckline breakout confirms a coming bearish move.

Initial target - 1.01

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Check my new idea on USDCAD:
USDCAD: Potential Short Trade Explained ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡จ๐Ÿ‡ฆ
Double Top or BottomElliott WaveForexfxtradingPivot PointspriceactionpriceactionanalysispriceactiontradingTechnical Analysistrading
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