Downloading...

DeGRAM | USDCHF breakout of channel

657
USDCHF is trading in the ascending channel; it printed a double top and divergence.

The market is showing that the bulls are running out of steam, creating a bearish harmonic pattern.

We expect a breakout of the channel and a bearish move to retest the psychological level 0.9000.


-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.