DeGRAM | USDCHF short from major resistance level
USDCHF is trading in the ascending channel; it printed a AB=CD pattern and a butterfly pattern.
The market is showing that the bulls are running out of steam, creating a bearish harmonic pattern.
Confluence level: resistance and fibo extension level of 161.80% and equal measured move.
We expect a bearish move from the confluence level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market is showing that the bulls are running out of steam, creating a bearish harmonic pattern.
Confluence level: resistance and fibo extension level of 161.80% and equal measured move.
We expect a bearish move from the confluence level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex