SELL TREND in USDCHF market, Breakdown the uptrend..
📉 USDCHF Price Forecast 📉
USDCHF
USDCHF has broken down the ascending channel with a strong bearish candle, signaling a shift to a downtrend. Currently, the pair is moving towards a retracement of the broken channel, where an order block is also present.
Traders should wait for a confirmation with a bearish candle and a breakdown of the 200 EMA to validate further downside movement toward our targets.
🎯 Technical Target Levels:
0.9020, 0.8980, and 0.8920.
📌 Key Highlights:
-Ascending channel breakdown confirmed.
-Retracement towards order block in progress.
-Watch for 200 EMA breakdown for further bearish continuation.
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USDCHF USDCHF has broken down the ascending channel with a strong bearish candle, signaling a shift to a downtrend. Currently, the pair is moving towards a retracement of the broken channel, where an order block is also present.
Traders should wait for a confirmation with a bearish candle and a breakdown of the 200 EMA to validate further downside movement toward our targets.
🎯 Technical Target Levels:
0.9020, 0.8980, and 0.8920.
📌 Key Highlights:
-Ascending channel breakdown confirmed.
-Retracement towards order block in progress.
-Watch for 200 EMA breakdown for further bearish continuation.
✅ Stay connected!
Like, comment, and follow for timely forecasts and profitable updates.
Don’t miss out on the next big moves—trade smart and profit big! 🚀
📢 Turn insights into profits—join now for expert analysis!
Trade active
trade activated on the retracement level of ascending channel it's time fall...Trade closed: stop reached
t.me/TrendLogic1
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t.me/TrendLogic1
🌐Join Our VIP Telegram Trading Community! 📊
🔹High-accuracy trading signals for XAUUSD, Forex, & Crypto.
🎯Join now and take your trading to the next level!
t.me/TrendLogic1
🌐Join Our VIP Telegram Trading Community! 📊
🔹High-accuracy trading signals for XAUUSD, Forex, & Crypto.
🎯Join now and take your trading to the next level!
t.me/TrendLogic1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.