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

June 12, 2019 6:23:27 AM by Alexander Zorevyk
Forecast Details
PairUSDCHF
Direction Sell
StatusClosed (0.9948)
6:18
6:18
Jun. 12, 2019

-50 p
0.9960
Stop Loss
0.9910
Entry
+50 p
0.9860
Target 1
+80 p
0.9830
Target 2
Chart & Analyst Comments
USDCHF - Downward trend will continue, Short trade by market price recommended
  1. Since the CurrentRatio sentiment indicator informs us that the market crowd is buying, we should consider sticking to Sell Orders.
  2. MVP line is above the price and acts as a resistance level.
  3. Upward price movement is accompanied by reversal signals of Profit Ratio indicator.