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

July 27, 2022 6:52:10 AM by Alex Zarevich
Forecast Details
Direction Sell
StatusClosed (0.9590)
Jul. 27, 2022

-50 p
Stop Loss
+60 p
Target 1
Chart & Analyst Comments
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
  2. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. The Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
  4. MVP line is above the price and acts as a resistance level.
  5. We are focused on the breakdown of the previous bottom, the target at the level of 0.9565.
    index: 1x 0.033705949783325s
t_/pages/forecast: 1x 0.030895948410034s
t_/common/header-new: 1x 0.019758939743042s
t_/common/head: 1x 0.016362905502319s
t_/common/footer-new: 1x 0.0024659633636475s
router_page: 1x 0.0015270709991455s
router: 1x 0.00065708160400391s
t_/popups/on-download: 1x 0.00051999092102051s
service-routes: 1x 0.00027108192443848s
router_redirection: 1x 0.00012993812561035s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2022-12-09 11:35:12)  -----