EUR / CHF: focus on daily time frame

Catégorie [ € / CHF ]

Long term: bearish for some years

On a yearly basis, a PEI is in progress with our moving averages.

On a quarterly basis, a type II is in progress.

 On a monthly basis, a type III is in progress.

Idea: very powerful bear trend

Bet: towards 1???

R = PM (1.3241);    S= LM (1.1853), —

 

Medium term: bearish parallel

On a weekly basis, UW / LW spread was a minimal / reference one. A bearish parallel pattern is in progress.  

Idea: use bearish parallel rules

Bet: PEI for our stochastic and MACD

R = MW (1.2735);     S = LM (1.1853), —

 

 

Short term: bearish parallellrt term: no trend965Y (1.4243amilliales) enance personnelle.tellis

On a daily basis, a bearish parallel is in progress.

Idea: use bearish parallel rules

Bet: new sell-off if PD = resistance until next Tuesday.

 

R = PD (1.2289);   S = LD (1.1997)

 

Conclusion: large sell-off with a new bearish PEI for our weekly stochastic and MACD.