USDCHF Pattern Formation
This price has been forming a falling flag for the past few weeks which IMO it is a strong indicator of a long bullish momentum.
As for the now, the price seems to be at major market zone, at 0.883 - 0.885, hence we are waiting for;
1. If the price breaks out and closes above 0.886, the bullish momentum might continue.
2. If the price fails to break out of that zone, it will continue with the bearish momentum and completing the pattern where the target is 0.857
As for the now, the price seems to be at major market zone, at 0.883 - 0.885, hence we are waiting for;
1. If the price breaks out and closes above 0.886, the bullish momentum might continue.
2. If the price fails to break out of that zone, it will continue with the bearish momentum and completing the pattern where the target is 0.857
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.