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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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.