Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

USDCHF Sell Trading Opportunity Explained - 5 June 2024 #trading #forex #investing

5 Jun 2024 · 1 min

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0:47

In this short video, Vladimir Ribakov of Home Trader Club provides a technical analysis of the USD/CHF currency pair and outlines a short‑term selling opportunity. He examines three time‑frames: on the weekly chart the pair is bouncing off a strong resistance and supply zone; on the daily chart the price has broken below a recent rising trend line after a retest, turning lower; on the 4‑hour chart the market is making lower lows both on price and on an indicator, confirming a synchronized downtrend. Ribakov argues that as long as the 4‑hour falling trend line (dynamic resistance) holds, selling the rallies is the appropriate strategy. The video concludes with a promotion for Home Trader Club’s trading courses, real‑time education, and live trading opportunities.

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Hi guys, Vladimir here from Home Trader Club. Could dollar franc push lower from here? Let's take a look on the charts. From the weekly chart, the pair bounces off a powerful resistance and supply zone. Daily chart just broke below the most recent rising trend line after completed a retest and bounced to the downside. 4-hour chart making lower lows on the chart, lower lows on the indicator— classical synchronization. And as long as the 4-hour chart falling trend line holds— falling dynamic resistance line— selling the rallies seems like the right plan. Join Home Trader Club for complete trading courses, real-time trading education, and real-time trading opportunities.