FX:AUDCHF   Australian Dollar / Swiss Franc
26 4 6
The price could make a correction after the hug move from last week... wait for it a look for a entry signal around the 0.74700 level towards at least the 0.76500 level
So You are not in the trade yet and waiting for the price to retrace around 7469 to enter long is that correct?
Let' see. Also Your Indicator is it just private because it doesn't show in the chart or because this is not an MT4 chart?
How You interpret the ZIG ZAG indicator I did plot it on my chart and on the daily TF is points up but on the 4H points down.
I try to guess maybe you are waiting for the indicator on the 4H to point up as the Daily one?
josemarcucci RalfDiana
Hello, I am not in the trade yet... I am waiting for the price to reach the level and wait for chart patter (engulfing, pin bar, etc..) to enter and also the my indicator. As I told you I develop my own indicators in MT4 which of course are not compatible with the chart of tradingview...
any specific idea here or just price action and MA's?
josemarcucci VladimirRibakov
Hello, is price action combined with EMA and my own MT4 indicator based on the ZigZag indicator, that shows the weakness of the price on H4. The idea is that the price during the last two weeks is moving strong upwards and for me it looks as a big potential for it to continue and I am just sharing the way I will enter to the trade in case the price behaves as I expect...
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