EURCHF BULLISH EUR/CHFOANDA:EURCHFrazashabbir218Bullish Divergence + Trendline Break | Fibonacci Expansion Setup Market: EURCHF Timeframe: 4 Hour Bias: Bullish (Pullback Continuation) 🔍 Technical Overview EURCHF was previously trading under a descending trendline, maintaining a bearish structure. However, price formed a clear bullish divergence on the RSI, signaling momentum exhaustion from sellers. Following the divergence: Price broke above the descending trendline Market structure shifted to the upside Buyers stepped in with strong impulsive candles This confirms a trend reversal / bullish continuation phase. 📐 Key Confluences ✔ Bullish RSI Divergence ✔ Descending Trendline Break ✔ Higher Low Formation (A → B → C) ✔ Fibonacci Retracement & Expansion Alignment ✔ Strong bullish impulse from point C 📌 Trade Idea (Long Scenario) Entry Zone: Fibonacci pullback area (0.5 – 0.618) Stop Loss: Below point C / invalidation zone Targets: TP1: Previous high (B) TP2: Fibonacci Expansion / D completion Risk–Reward: Favorable (1:2 to 1:3) 🧠 Market Structure Insight Bullish divergence followed by a trendline break often marks the early phase of a trend reversal. The impulsive move confirms buyer strength, while the Fibonacci retracement offers a high-probability re-entry zone. Patience is key — wait for price to respect the retracement before continuation. ⚠️ Risk Management Always wait for price action confirmation Avoid chasing price after impulsive moves Manage risk according to your trading plan 📢 Disclaimer This analysis is for educational purposes only. Not financial advice. Trade with proper risk management.