OANDA:USDCHF   Dolar U.S./Franc Swiss
The downward correction continues.

Within the H4 timeframe downward correction of the upper level is likely to be continuing as wave B. Currently the “bearish” impulse seems to be developing as wave (c) of ii within which the third wave of lower level ( iii             ) of c seems to have formed. If the assumption is correct, after the correction of (iv) the fall of the pair will continue to 0.9655-0.9610. A critical level for this scenario is 0.9754.

Main scenario

Short positions are relevant from corrections below the level of 0.9754 with targets at 0.9655-0.9610.

Alternative scenario

A breakout and consolidation of the price above the level of 0.9754 will allow the pair to continue growth to 0.9808.

Trade

Scenario

Timeframe Weekly
Recommendation SELL
Entry Point 0.9725
Take Profit 0.9655, 0.9610
Stop Loss 0.9785
Key Levels 0.9610, 0.9655, 0.9754, 0.9808

Alternative scenario

Recommendation BUY STOP
Entry Point 0.9760
Take Profit 0.9808
Stop Loss 0.9715
Key Levels 0.9610, 0.9655, 0.9754, 0.9808
More analytic from LiteForex:
English https://www.liteforex.com/blog/?uid=880952068&cid=12118
Malay https://www.liteforex.my/trading/forex-analysis/?uid=880952068&cid=12118
You can choose any language on our site
MS Bahasa Melayu
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
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Pengimbas Saham Pengimbas Forex Pengimbas Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Tetapan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Daftar Keluar