USDCHF - Down-Movement expected
Hi Traders!
Here is our analysis on the USDCHF pair.
On the weekly TF you can see a potential Bearish Triangle Pattern.
If this is true, the market aims to go into a Downtrend.
The bearish pressure is also visible on the daily TF, as we can see Rejection Candles there.
On the H4-TF we see an Up-Movement.
The Sell-Entry-Triggers are firstly the Break of this shortterm Trendline and secondly the Break of Support.
Weekly TF:
If you would like to know anything with more details or if you have another point of view, don't hesitate to share!
Thanks and successful Trading :-)!
--------------------
***Trade at your own risk***
***Not every trade is also taken by us***
Here is our analysis on the USDCHF pair.
On the weekly TF you can see a potential Bearish Triangle Pattern.
If this is true, the market aims to go into a Downtrend.
The bearish pressure is also visible on the daily TF, as we can see Rejection Candles there.
On the H4-TF we see an Up-Movement.
The Sell-Entry-Triggers are firstly the Break of this shortterm Trendline and secondly the Break of Support.
Weekly TF:
If you would like to know anything with more details or if you have another point of view, don't hesitate to share!
Thanks and successful Trading :-)!
--------------------
***Trade at your own risk***
***Not every trade is also taken by us***
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