Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

0

No products in the cart.

Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

Blog Post

USD/CHF Reversed Off Resistance, Prepare For Further Drop!

August 18, 2018 Analytics

[ad_1]

USD/CHF reversed off its resistance at 0.9981 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 0.9942 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support).

Stochastic (55, 5, 3) reversed off its resistance at 98% where a corresponding drop is expected.

USD/CHF reversed off its resistance where we expect to see a further drop.

Sell below 0.9981. Stop loss at 1.0000. Take profit at 0.9942.

.

.

.

.

.

#theforexarmy #forexsigns #forexsignals #forexfamily #forexgroup #forexhelp #forexcourse #forextrade #forexdaily #forexmoney #forexentourage #forextrading #forex #forexhelptrading #forexscalping #babypips #forexfactory #forexlife #forextrader #financialfreedom #daytrader #scalper #swingtrader #fx #currency #pips #technicalanalysis #forexmarket

The material has been provided by InstaForex Company – www.instaforex.com

[ad_2]

Source link

Write a comment