Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

EURCHF technical analysis and trading plan- 11 March 2024 #forex #eurchf #forexsignals #shorts #fyp

12 Mar 2024 · 1 min

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Vladimir Ribakov analyzes EUR/CHF, identifying a support level that flipped to resistance. A Bollinger Band breakout suggests a short-term rally, creating a sell zone for traders looking for quick opportunities.

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is because it was a great support right here. Let's just mark it with some circle. It will be easier to understand. Yeah, right here, which became also resistance. So classical supply where sellers took control from, also the resistance which was holding the levels for a while. And also, if we take a look at this Bollinger Band breakout, okay, once again, I'm going with my indicator here. So right from this breakout, take a look where the duplication level is. Okay, so look at the dynamic resistances based on Bollinger Bands. It is directly there. So I believe this zone is on a short-term rally. Toward this area should provide short-term sell opportunities.