Technical analysis USDCHF for 04.12.2023

04.12.2023 16:59
Harian
Teknikal

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.87970

Key levels

  • 0.88880, 0.88490, 0.87970, 0.86910, 0.86470, 0.86000

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.87970, with Take Profit of 0.88490 and Stop Loss of 0.87500

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.86910, with Take Profit of 0.86470 and Stop Loss of 0.87500

Senario
Syor
BUY STOP

Titik Entri
0.87970

Ambil untung
0.88490

Stop Loss
0.87500

Level utama
0.88880, 0.88490, 0.87970, 0.86910, 0.86470, 0.86000
Senario pilihan
Syor
SELL STOP

Titik Entri
0.86910

Ambil untung
0.86470

Stop Loss
0.87500