Inside Bar on USD/CHF

Inside Bar on USD/CHF

At the moment there are aggressive sales of USD/CHF. It is not excluded a further drop in quotations. Near the "mirror" resistance level of 0.93700, the classic pattern of the Price Action, Inside Bar, (H1 timeframe), which is a continuation of the current trend, was formed. The trading tool is testing the key 0.93400 support. We recommend you to pay attention to this situation.

If the price fixes below the 0.93400 mark, you need to look for entry points to the market to open short positions. The immediate goal of fixing profits is a round level of 0.93000. In the medium term, the USD/CHF currency pair may reach the level of 0.92600-0.92500. When following the positions, we recommend using a trailing stop.

by JustForex, 2018.02.13

Este artículo representa una opinión personal y no debe interpretarse como un consejo de inversión, y/u oferta, y/o una petición persistente para llevar a cabo transacciones financieras, y/o una garantía, y/o un pronóstico de eventos futuros.

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