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DeGRAM
Nov 4, 2020 8:18 AM

USDCHF good sell signal Short

U.S. Dollar/Swiss FrancFXCM

Description

All my last predictions for this pair came true.
How the price moved.
First, it rose from the strong support line of 0.9024.

It continued its upward movement already within the channel, which it formed in September.

And as a result, it broke through the support line - the upper channel line.

Since the last forecast, the price has finished moving in the channel, breaking through the support line and rallying.
She has reached a strong resistance line now.
She touched her and began to fall.
This drop can already be seen on the daily chart.
I expect the price to continue falling towards the strong support line.
And this is a signal to sell.
SL and TP run along strong lines.
SL - along the resistance line, TP - along the support line, respectively.

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Thank you for your support!
Comments
Lingrid
Good signal, but I would set SL a little higher
DeGRAM
@Lingrid, 0,923?
Solldy
I also think that the price will decline📉
DeGRAM
@Solldy, Thank you
TradingAlchemist
keep my fists for you. it is only sell
DeGRAM
@TradingAlchemist, Yes, right.
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