WockBruder

USDCHF#4--->Time to Sell:

Short
FX:USDCHF   U.S. Dollar / Swiss Franc
Good day, dear #investors and colleagues #traders!

Your attention an analytical look at the currency pair #Usdchf:

The asset closed the week with corrective growth, adding 135 points or + 1.45% as a result of the close.
Range coefficient also rose slightly to 390 points.

#Technical analysis:

Globally (D1):

The currency pair begins to consolidate at the lower border of the downward channel and if today closes below 0.9480, it can be argued that the asset has found its resistance zone.

Locally (H1-H4):

For the pair, the weekly resistance that it found at the lower border of the downward channel is extremely important. Moreover, the average trend is also starting to turn south.
The resistance zone for the asset is 0.95-0.9550.

Mathematical resistance and support levels for this week:
a) Resistance: 0.9660 / 0.9808;
b) Support: 0.9420 / 0.9720;

#Indicative_analysis:

* Leading indicators: These fund indicators currently show a normal state, although close to the potential sales area.

* Price behavior indicators: These fund indicators demonstrate that the price demonstrates the possibility of opening short positions.

* Trend indicators: At the time of writing, they are close to a reversal.

Bottom line: It is possible to open short positions from 0.9490 to 0.9525 with #stoploss 0.9580 and #takeprofit 0.9250.

!The Fund reserves the right to change trading levels, #stoploss and #takeprofit levels without notifying subscribers on social networks.

Participants can track data in the public monitoring of the fund.

For # traders we provide a service - copying transactions from our trading account.
(You can start at $ 155)

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Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”


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