EUR/CHF Channel Down - Quality 5/8 - Magnitude 8/8

2020-03-10 05:33:19

We can see a channel down on the 1h chart. With decent quality and high magnitude.
I think it will change and break out of the pattern due to the GDP news of the Eurostat.
We will have to wait for the confirmed news tho, to be sure for a better view, where we could end this channel down.

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I'm happy to get any kind of feedback!