EN

USDCHF - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairUSDCHF
Publication Time12/2/21 6:38 AM
Direction Sell
Status Closed (0.9210)
6:32
6:32
Dec. 2, 2021
Forecast
-60 p
0.9270
Stop Loss
0.9210
Entry
+65 p
0.9145
Target 1
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-sell-market-trend-1
  1. Majority of traders are still holding onto Longs. This means we should continue to Sell USDCHF.
  2. In this sideways movement, retail traders prefer to hold long trades. There seem to be a major player interest in an downward movement.
  3. The Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
  4. MVP line is above the price and acts as a resistance level.
  5. The risk-to-profit ratio allows us to set Take Profit for a Short trade at 0.9145
    index: 1x 0.10330390930176s
t_/pages/forecast: 1x 0.097539901733398s
t_/common/header-new: 1x 0.065467119216919s
t_/common/head: 1x 0.037724018096924s
t_/common/footer-new: 1x 0.0042932033538818s
router_page: 1x 0.0018548965454102s
t_/blocks/sidebar-afil: 1x 0.0018289089202881s
router: 1x 0.0017640590667725s
t_/common/cookie-banner: 1x 0.0012881755828857s
t_/popups/on-download: 1x 0.00073099136352539s
service-routes: 1x 0.00038695335388184s
router_redirection: 1x 0.00021886825561523s
t_/popups/zoom: 1x 2.7179718017578E-5s
----- END OF DUMP (2025-02-05 06:36:02)  -----