Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity
EN

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

June 10, 2021 1:15:58 PM by Alexander Zorevyk
Forecast Details
PairUSDCHF
Direction Sell
StatusClosed (0.8975)
13:14
13:14
Jun. 10, 2021
-75 p
0.9050
Stop Loss
0.8975
Entry
+80 p
0.8895
Target 1
Chart & Analyst Comments
main-sell-market-trend-1
  1. The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
  2. MVP line is above the price and acts as a resistance level.
  3. In this sideways movement, retail traders prefer to hold long trades. There seem to be a major player interest in an downward movement.
  4. The trade is aimed at the previous low breakout. The SLC indicator signals us to set our target at the level where most Stop Losses are placed - 0.8895
    index: 1x 0.037191152572632s
t_/pages/forecast: 1x 0.033376216888428s
t_/common/header-new: 1x 0.021979808807373s
t_/common/head: 1x 0.016412973403931s
t_/common/footer-new: 1x 0.0028769969940186s
router_page: 1x 0.0017769336700439s
router: 1x 0.00077295303344727s
t_/popups/on-download: 1x 0.00055384635925293s
service-routes: 1x 0.0003209114074707s
router_redirection: 1x 0.0001521110534668s
t_/popups/zoom: 1x 6.1988830566406E-5s
----- END OF DUMP (2022-07-05 18:06:07)  -----