SELL TREND in USDCHF market, Breakdown the uptrend..
Updated
📉 USDCHF Price Forecast 📉
USDCHF
USDCHF has broken down the ascending channel with a strong bearish candle, signaling a shift to a downtrend. Currently, the pair is moving towards a retracement of the broken channel, where an order block is also present.
Traders should wait for a confirmation with a bearish candle and a breakdown of the 200 EMA to validate further downside movement toward our targets.
🎯 Technical Target Levels:
0.9020, 0.8980, and 0.8920.
📌 Key Highlights:
-Ascending channel breakdown confirmed.
-Retracement towards order block in progress.
-Watch for 200 EMA breakdown for further bearish continuation.
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USDCHF USDCHF has broken down the ascending channel with a strong bearish candle, signaling a shift to a downtrend. Currently, the pair is moving towards a retracement of the broken channel, where an order block is also present.
Traders should wait for a confirmation with a bearish candle and a breakdown of the 200 EMA to validate further downside movement toward our targets.
🎯 Technical Target Levels:
0.9020, 0.8980, and 0.8920.
📌 Key Highlights:
-Ascending channel breakdown confirmed.
-Retracement towards order block in progress.
-Watch for 200 EMA breakdown for further bearish continuation.
✅ Stay connected!
Like, comment, and follow for timely forecasts and profitable updates.
Don’t miss out on the next big moves—trade smart and profit big! 🚀
📢 Turn insights into profits—join now for expert analysis!
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