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USDCHF Potential Bearish Movement
U.S. Dollar / Swiss Franc
Short
USDCHF Potential Bearish Movement
By TheSignalyst
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Mar 22, 2020
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Mar 22, 2020
USDCHF Potential Bearish Movement
we are waiting for a momentum candle close below 0.9740 to sell this one
Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Wedge Pattern (in blue)
3- Resistance in purple from Daily 0.990
Three confluences are enough to consider Selling USDCHF, after a break below 0.9740 (in gray)
Beyond Technical Analysis
Chart Patterns
Divergence
pattern
SELL
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Supply Zone
Support and Resistance
Trend Analysis
USDCHF
Wedge
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