دولار أمريكي / فرنك سويسري
بيع

Are We Extremely Over-Bought ? Time To SELL ?

1692
If you read my trade setup on this pair from July, I had predicted a decline below 0.86 followed by a rebound surpassing 0.88, settling within the monthly range.

The lowest point reached was 0.855, followed by a consistent bullish trend for 12 consecutive weeks. As a result, the price appears overbought as it enters a Weekly SUPPLY/SELL zone and approaches a significant resistance at 0.91.

Given these indicators, I'm inclined to SELL this pair at its current price, setting a stop loss just beyond 0.92. My target is the recently established Weekly BUY/DEMAND zone around 0.88, and I'll be closely monitoring the price response at this level.

This region might entice buyers to jump back in, potentially aiming for the 0.93-0.94 range

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.