USDCHF - Downward trend will continue, Short trade by market price recommended
October 17, 2019 7:21:13 PM
Forecast Details
PairUSDCHF
Direction
Sell
StatusClosed (0.984)
-65 p
0.9945
Stop Loss
0.9880
Entry
+60 p
0.9820
Target 1
About Author
Alexander Zorevyk
Expert
Related Links
Buy or Sell
More Pairs
Thanks for Voting!
Buy
Sell
Look like you are with the Crowd.
Fix it with Sentiment Strategy
Fix it with Sentiment Strategy
Congratulations! According to Sentiment Strategy you’ve made a right
decision.
You've already voted this pair. You can vote again later (when?) or try voting other
pair.
Total votes: 0
Buy or Sell
Chart & Analyst Comments
- The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
- The dynamics of the Ratios indicator signals for Short opportunities. Pay attention to the area marked on the image.
- The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
- We are setting the take profit of our Sell Order to the closest level with a large number of stop losses.