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USDCHF - Daily Chart - Weekly Forecast 20 May 2024 - Image
U.S. Dollar / Swiss Franc
Short
USDCHF - Daily Chart - Weekly Forecast 20 May 2024 - Image
By TraderRiz
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May 19
0
May 19
As per the Image, we had a consolidation at the bottom left, and then three drives high to a top.
This top aligned with our 3x fib extension of the consolidation.
After hitting the top, we have closed below a green candle, potentially suggesting a top.
I see a shorting opportunity for us to now go back down to the lows.
Chart Patterns
Trend Analysis
Wave Analysis
TraderRiz
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