USDCHF: Bearish Accumulation & Breakout
Mis à jour
As the majority of XXXUSD pairs,
USDCHF looks very bearish:
the pair is trading in a bearish trend since the beginning of July.
From the last week, the pair started to consolidate.
The price formed a classic bearish accumulation pattern - descending triangle.
With a sequence of lower highs and equal lows, bears were preparing for a breakout.
Today minor horizontal support is finally broken.
The price set a new lower low lower close and bearish continuation is expected now.
Next goal - 0.9005
❤️Please, support this idea with a like and comment!❤️
Note
Check my new idea on CHFJPY: 
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.