We have a short correction and the downward trend will continue
In my opinion, the trend is upward, but on the condition that the first peak is broken (according to the chart I drew). Be sure to pay attention to the report (PCE) that comes today
According to the ISM Manufacturing PMI report, we have a short-term bearish correction and the long-term trend is bullish.
As I indicated in the chart, the price has reached a order block. By using candlestick reading, we see the weakness of the sellers in full and all these things show us a profitable move. This analysis is not a confirmation of the transaction for you, it is just an opinion. If you have an opinion, share it with me in the comments section.
Proceed exactly according to the analysis If you have any questions, ask in the comments be rich
Now we have lower high and lower low . So we strongly expect the downward trend to continue
A major downtrend is about to begin Be on the trigger
After breaking the resistance and seeing the weakness of the buyers, open a trade in the direction of selling. be rich...
After breaking the resistance and seeing the weakness of the buyers, open a trade in the direction of selling. be rich...
My analysis says that there will be a decline first and then a long-term uptrend. -- In my opinion, the return of the formed price is a trap to deceive. So watch the market candle by candle carefully.
Check candle by candle and be ready for trend reversal
Surf the downtrend and open good sell trades. If you have any questions, ask in the comments
After the failure of the swing, enter the sell transaction at the price resistance of 87100. Capital management should never be forgotten
Another bullish wave completes the flag pattern and the downtrend continues
In the previous analysis, USDCHF was analyzed into two types 1 Elliott waves 2 flag continuation pattern All these analyzes show a falling trend
It is moving completely based on Elliott waves. Now we are in the starting area of the third wave and the pattern is completed up to the price of 0.85600. Watch in 5 minutes be profitable and successful.
The power of the sellers is high and they did not allow the modification. The process continues until the specified price.
The weakness of sellers compared to buyers is quite clear. The fourth wave is over