Price Action

Thursday, November 16 2023
USD/CHF
03:28 pm (GMT +0200)
30 minutes Timeframe
USDCHF is negotiating between the key levels of 0.88812 and 0.88960.  If the pair manages to extend higher and breach the resistance at 0.88960, it will consequently open the way to the profit-levels at 0.89019 and 0.89049.  A protective stop loss at 0.88812 is highly recommended.

Should the pair manage to breach below the support at 0.88812, it will eliminate the bullish scenario, generating a sell signal.

Price Action Outlook:

Bullish
direction

Profit Levels

direction
Target 1
0.89019

direction
Target 2
0.89049

direction
Target 3
0.89108

direction
Target 4
0.89182

entry
Entry
0.88960
entry
Stop Loss
0.88812

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction

Price Action

Thursday, November 16 2023
USD/CHF
03:28 pm (GMT +0200)
30 minutes Timeframe
USDCHF is negotiating between the key levels of 0.88812 and 0.88960.  If the pair manages to extend higher and breach the resistance at 0.88960, it will consequently open the way to the profit-levels at 0.89019 and 0.89049.  A protective stop loss at 0.88812 is highly recommended.

Should the pair manage to breach below the support at 0.88812, it will eliminate the bullish scenario, generating a sell signal.

Price Action Outlook:

Bullish
direction

Profit Levels

direction
Target 1
0.89019

direction
Target 2
0.89049

direction
Target 3
0.89108

direction
Target 4
0.89182

entry
Entry
0.88960
entry
Stop Loss
0.88812

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction