USDCHF: the Potential of a Reverse Cup & Handle Formation.
USDCHF: the Potential of a Reverse Cup & Handle Formation.
1. Price Formation: The price has previously broken out from a Cup &Handle price formation on a daily chart and hit a target. A new reverse Cup & Handle formation has developed and price has broken out of the brim
2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA.
3. 200-day Moving Average is below the Price.
5. Relative Strength Index (RSI): The RSI is > than 50.
6. Price Target: 0,95052
1. Price Formation: The price has previously broken out from a Cup &Handle price formation on a daily chart and hit a target. A new reverse Cup & Handle formation has developed and price has broken out of the brim
2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA.
3. 200-day Moving Average is below the Price.
5. Relative Strength Index (RSI): The RSI is > than 50.
6. Price Target: 0,95052
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