USD/CHF has maintained a strong bearish trend, forming a series of lower highs and lower lows. The chart highlights a **Deep Crab** harmonic pattern, which previously triggered a corrective move before resuming its overall downtrend.
Currently, price action is trading near **0.8767**, approaching a key support zone at **0.8722** (HOP level). The recent rejection from the **H4 supply zone** around **0.8920** further confirms bearish momentum, suggesting sellers remain in control.
**Key Considerations:**
- A breakdown below **0.8722** could accelerate further downside, extending losses towards lower psychological levels.
- A potential pullback may occur if buyers step in at support, but the overall bearish structure remains intact unless a significant reversal signal appears.
**Conclusion:** USD/CHF remains under bearish pressure, with a high probability of further declines. Traders should monitor price action at support for potential continuation or reversal signals before committing to new positions.
Currently, price action is trading near **0.8767**, approaching a key support zone at **0.8722** (HOP level). The recent rejection from the **H4 supply zone** around **0.8920** further confirms bearish momentum, suggesting sellers remain in control.
**Key Considerations:**
- A breakdown below **0.8722** could accelerate further downside, extending losses towards lower psychological levels.
- A potential pullback may occur if buyers step in at support, but the overall bearish structure remains intact unless a significant reversal signal appears.
**Conclusion:** USD/CHF remains under bearish pressure, with a high probability of further declines. Traders should monitor price action at support for potential continuation or reversal signals before committing to new positions.
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.