- USDCHF is currently making LH and LL showing classic down trend.
- Last impulse move went down from 0.90711 to 0.89980, a down move of about 0.81%.
- Since makeing last LL, price has made to 0.5 - 0.618 fibonacci retracement zone.
- No bullish divergence has been identified.
- Trendline has almost captured price.
- Bearish confluence is observed.
- Last impulse move went down from 0.90711 to 0.89980, a down move of about 0.81%.
- Since makeing last LL, price has made to 0.5 - 0.618 fibonacci retracement zone.
- No bullish divergence has been identified.
- Trendline has almost captured price.
- Bearish confluence is observed.
Trade closed: stop reached
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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.