USD/CHF - Forecast 15/02/2021
Price has been in a down-trend for a very long time. After forming a inverse head and shoulders pattern the price broke up through the trendline and the neckline of the pattern. Now we are testing a support zone (it was a resistance zone), the neckline and also the trendline of previous market structure.
There is also a fibonacci retracement with our zones.
I expect a raise of the price and also a broke of the minor trendline.
In conclusion a new long trend has started.
GREEN ZONE -> Fibonacci zone (from 0.62 to 0.79)
RED ZONE -> Support / Resistance zone
BLUE LINE -> Trend Line
BLUE DASHED LINE -> Minor trend line
There is also a fibonacci retracement with our zones.
I expect a raise of the price and also a broke of the minor trendline.
In conclusion a new long trend has started.
GREEN ZONE -> Fibonacci zone (from 0.62 to 0.79)
RED ZONE -> Support / Resistance zone
BLUE LINE -> Trend Line
BLUE DASHED LINE -> Minor trend line
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.