USD/CHF - another big down movement is incoming

market price is near upper trend line from triangle formation which is strong resistance line. I expect again many sellers coming into the market at this area. US economy is still weak and the us dollar has only increased because the USA has resumed negotiations with China.

-regular RSI has more space to grow - wait until baseline reached the heavy overbought area
-stochastic RSI is already in heavy overbought area - wait for another bearish crossing of baselines (if orange line cross the blue one upwards)
-Bollinger bands start sideways movement which implements incoming correction movement

How to trade

sell area 1: wait for several closes within drawn sell area / under the pointed trend line
sell area 2: open sell order after price reached the sell area because this is strong resistance area

ความคิดเห็น:

market reached sell area 1
wait for several closes on 1 H before entering this trade

ความคิดเห็น:

การซื้อขายยังคงดำเนินอยู่:

market reached sell area 2

ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

trailing stop reached