11.11.2020
The overall trend is downward. The ascending truncated H1 level pattern ended with the breakout of the inclined channel. A breakout of 0.9127 will result in the formation of a descending wave pattern. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator indicates an overbought condition.
USDCHF rate online: monitor the price movement in real time.
Trading recommendations:
Sell when a descending wave pattern is formed on the breakout of 0.9127.
Stop Loss: 0.9200.
Target levels: 0.9033; 0.8984
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