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

September 30, 2022 7:59:33 AM by Alex Zarevich
Forecast Details
PairUSDCHF
Direction Sell
StatusClosed (0.9840)
7:45
7:45
Sep. 30, 2022

-70 p
0.9840
Stop Loss
0.9770
Entry
+70 p
0.9700
Target 1
Chart & Analyst Comments
main-sell-market-trend-1
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
  2. The Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
  3. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  4. These accumulation of retail traders stop losses coincide with the level of the previous low. This level will serve as the target for our trade.
    index: 1x 0.03902006149292s
t_/pages/forecast: 1x 0.036213874816895s
t_/common/header-new: 1x 0.019361972808838s
t_/common/head: 1x 0.0160071849823s
t_/common/footer-new: 1x 0.0050270557403564s
router_page: 1x 0.0015158653259277s
t_/popups/on-download: 1x 0.00096321105957031s
router: 1x 0.00071501731872559s
service-routes: 1x 0.0002901554107666s
router_redirection: 1x 0.00013399124145508s
t_/popups/zoom: 1x 2.1934509277344E-5s
----- END OF DUMP (2022-11-30 03:42:11)  -----