- The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
- In this sideways movement, retail traders prefer to hold long trades. There seem to be a major player interest in an downward movement.
- When the price rises, a signal is formed (orange labels), which implies a downwards movement.
- MVP line is above the price and acts as a resistance level.
- Set Take profit at the local price minimum.
USDCHF - Downward trend will continue, Short trade by market price recommended
March 2, 2022 2:50:55 PM
Forecast Details
PairUSDCHF
Direction
Sell
StatusClosed (0.9180)
-80 p
0.9290
Stop Loss
0.9210
Entry
+70 p
0.9140
Target 1
Chart & Analyst Comments
