17.02.2021
The overall trend is upward. The descending truncated pattern of the H4 level ended with the breakout of the price pivot zone-2 of wave C. Awesome Oscillator shows a bullish divergence. The breakout of 1.08 will result in the formation of an ascending wave pattern of the H1 level within the wave (C) of the ascending pattern of the H12 level.
EURCHF rate online: monitor the price movement in real time.
Trading idea:
Buy on the breakout of 1.08.
Stop Loss: 1.0784.
Target levels: 1.0844; 1.0860.
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