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ForecastCity_ME
Apr 29, 2021 9:47 PM

💡Don't miss the great sell opportunity in USDCHF Short

U.S. Dollar/Swiss FrancFXCM

Description


Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.9120).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDCHF is in a downtrend and the continuation of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
.

Take Profits:
TP1= @ 0.9065
TP2= @ 0.9020
TP3= @ 0.8975


SL: Break Above R2

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Comments
davidgolandak
Nice analysis, Thanks for sharing.
AR_kooshani
Clean lines!
Mehmetozdemi
Clear, and detailed analysis. 👍 Thanks!
yusufipek1989
I'm so grateful for your help.
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