EN

USDCHF - Upward trend will continue, Long trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-market-trend-1
Forecast Details
PairUSDCHF
Publication Time10/20/22 1:47 PM
Direction Buy
Status Closed (1.0100)
13:47
13:47
Oct. 20, 2022
Forecast
+60 p
1.0100
Target 1
1.0040
Entry
-50 p
0.9990
Stop Loss
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-buy-market-trend-1
  1. Majority of traders are still holding onto Shorts. This means we should continue to Buy USDCHF.
  2. The number of profitable buyers has exceeded 75%. The uptrend is in its active phase. This confirms potential for a Long trade.
  3. The last downward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.
  4. MVP line is below the price and acts as a support level.
  5. The risk-to-profit ratio allows us to set Take Profit for a Long trade at 1.01
    index: 1x 0.037688016891479s
t_/pages/forecast: 1x 0.034393072128296s
t_/common/header-new: 1x 0.021768808364868s
t_/common/head: 1x 0.017909049987793s
t_/common/footer-new: 1x 0.0031068325042725s
router_page: 1x 0.0016810894012451s
router: 1x 0.00083613395690918s
t_/popups/on-download: 1x 0.00066494941711426s
t_/common/cookie-banner: 1x 0.00040602684020996s
service-routes: 1x 0.00035715103149414s
t_/blocks/sidebar-afil: 1x 0.00018501281738281s
router_redirection: 1x 0.00017094612121582s
t_/popups/zoom: 1x 1.5974044799805E-5s
----- END OF DUMP (2024-07-27 04:35:07)  -----