EURCNH - 1 -> 0 -> 1.272 once more?

2020-03-01 18:07:04

Just a placeholder for now, since I'm not sure if there will be another high here - in this case, I'll have to adjust second Fibonacci and yellow line. Let's see how it will behave in the next week.
(inspired by @ridethepig idea: https://www.tradingview.com/chart/EURCNH/cJH3gTxB-ridethepig-EURCNH-Market-Commentary-2020-03-01/)

Daily chart:
https://www.tradingview.com/x/h3Oro7hk/

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)