USDCHF spent much time in the range of level 1 and finally, it broke down to a new low towards the end of the week, moving into the level 2 consolidation zone.
USDCHF moved much to what was expected of it, consolidation then followed by the trend move. I hope traders have taken advantage of the range and made good profits for yourselves!
The analysis for Week 19 still points toward a continuation of the bearish trend in upcoming Week 20.
The price broke into a new low and I am looking at USDCHF forming a new low in Week 20.
With the analysis in place, I am comfortable going short in USDCHF for Week 20. However, a consolidation might also follows after a strong bearish move in Week 20.
I hope all traders continue to make good profit in Week 20!
Please like and follow me if my analysis helped you in any way! Thanks for the support! =)
USDCHF moved much to what was expected of it, consolidation then followed by the trend move. I hope traders have taken advantage of the range and made good profits for yourselves!
The analysis for Week 19 still points toward a continuation of the bearish trend in upcoming Week 20.
The price broke into a new low and I am looking at USDCHF forming a new low in Week 20.
With the analysis in place, I am comfortable going short in USDCHF for Week 20. However, a consolidation might also follows after a strong bearish move in Week 20.
I hope all traders continue to make good profit in Week 20!
Please like and follow me if my analysis helped you in any way! Thanks for the support! =)
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.