USD/CHF Trading Analysis (28/05/2025)
The trend is down. The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals and overbought condition.
Trade idea:
- Sell at the beginning of a formation of the bearish wave structure, when the wave A breaks the sloping channel of the ascending truncated structure.
- Stop-loss is away of the locel maximum of the ascending truncated structure.
- Price targets are 0.8260 and 0.8220.
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