USD/CHF Short
Hello Everyone,
This is my first Analysis being published. This is what I analyse from my point of view. The currency is
USDCHF
Weekly timeframe:
In the weekly timeframe I noticed a triangle ascending pattern. I'm predicting that this triangle ascending pattern will become a continuation pattern. Also the 200 Moving Average is showing resistance to the candlesticks.
Daily timeframe:
As for the daily timeframe, I also noticed a triangle ascending pattern.
Hourly timeframe:
In the 4 hourly timeframe I noticed a bullish channel. But I noticed that the pattern starts to break, and so I do not think that the trend will continue.
Minutes timeframe:
In the 30 Minutes timeframe I noticed a bearish resistance line in the RSI.
That's all I had seen from the chart, I hope my first Idea can help you. And please give feedback if I have a flaw in my analysis.
This is my first Analysis being published. This is what I analyse from my point of view. The currency is
USDCHFWeekly timeframe:
In the weekly timeframe I noticed a triangle ascending pattern. I'm predicting that this triangle ascending pattern will become a continuation pattern. Also the 200 Moving Average is showing resistance to the candlesticks.
Daily timeframe:
As for the daily timeframe, I also noticed a triangle ascending pattern.
Hourly timeframe:
In the 4 hourly timeframe I noticed a bullish channel. But I noticed that the pattern starts to break, and so I do not think that the trend will continue.
Minutes timeframe:
In the 30 Minutes timeframe I noticed a bearish resistance line in the RSI.
That's all I had seen from the chart, I hope my first Idea can help you. And please give feedback if I have a flaw in my analysis.
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