- The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
- Upward price movement is accompanied by reversal signals of Profit Ratio indicator.
- In this sideways movement, retail traders prefer to hold long trades. There seem to be a major player interest in an downward movement.
- MVP line is above the price and acts as a resistance level.
- We are focused on the breakdown of the previous bottom, the target at the level of 0.9065.
USDCHF - Downward trend will continue, Short trade by market price recommended
November 9, 2021 7:16:32 AM
Forecast Details
PairUSDCHF
Direction
Sell
StatusClosed (0.9170)
-50 p
0.9170
Stop Loss
0.9120
Entry
+55 p
0.9065
Target 1
Chart & Analyst Comments
