FX_IDC:USDCHF   U.S. Dollar / Swiss Franc
Here on the 1hr chart we have a few different reasons to believe this pair may be headed lower. These reasons consist of a double top , RSI divergence and previous structure support that could now act as resistence. There was also a couple of fib levels that came in around this area aswell and we are very close to the even handle number of .99000 which will somtimes act as support and resistence.

If you enjoy my analysis then check out my youtube channel were i describe the strategies i use and a weekly review of its performance!

YOUTUBE link: https://www.youtube.com/channel/UCGL9ubdGcvZh_dvSV2z1hoQ
You could have bought up the resistance come support here brother, did you do so?
Great analysis!. My view tough >
Congratulations! Your chart has been selected to be highlighted as the post of the day. This is a great example of oscillator divergence relative to price action.
StevenH walker.england
Thanks! It is amazing to have my analysis recognized! I really appreciated it!
piponomics walker.england
Interesting choice...?
+1 Reply
KISSTRADING piponomics
If you're going to comment in such a way, explain what you mean. Why so?
This seems to be like a classical example of a consolidation within an energy-building rectangle. Although I think the price may hit your target, it should continue its upward move before the big move down, which I'm after to catch. Here's how I see it:
+1 Reply
I agree that we may not see a complete move back below the lows at .96584. we could definitely see another upward push before the next impulse move down. Best of luck to you my friend.
+2 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out