- The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
- The dynamics of the Ratios indicator signals for Short opportunities. Pay attention to the area marked on the image.
- The increase in buyers is observed both in the downward movement and in the retracement movements. Retail traders still believe in the possibility of price increase.
- Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
- The SLC indicator displays the levels where there are Stop Losses acting as targets for our trading idea.
USDCHF - Downward trend will continue, Short trade by market price recommended
July 20, 2022 12:08:11 PM
Forecast Details
PairUSDCHF
Direction
Sell
StatusClosed
-65 p
0.9770
Stop Loss
0.9705
Entry
+65 p
0.9640
Target 1
+105 p
0.9600
Target 2
Chart & Analyst Comments
