USD/CHF Trading Analysis (12/05/2025)
The trend is down. The currency pair is trading within the 365-135 EMA range. The ascending wave structures are truncated. There is a bearish divergence on the Awesome Oscillator and a signal of an overbought condition on the Stochastic Oscillator.
Trade idea:
- Sell at the beginning of a bearish wave structure when wave A breaks the sloping channel of the ascending truncated structure.
- Stop-loss at 0.8350.
- Price targets are 0.8261 and 0.8200.
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