Get started
nicker

USDCHF Daily This is why we should wait

Education
U.S. Dollar / Swiss Franc (FX:USDCHF)  
nicker  
FX:USDCHF   U.S. Dollar / Swiss Franc
Technical Indicators Beyond Technical Analysis Commodity Channel Index (CCI) tlb
3
0
indicator beyondta commoditychannelindex tlb
The price move in these situations is not convincing for a downmove , even if CCI crosses an uptrendline, until CCI gets below +100. This was described on previous chart. I pushed the short entry because I was sleepy, and stopped out. Actually I'm happy that happened, to show you why I need to wait for CCI to get inside +100 before I short.

I'll be ready to short again should CCI cross below 100 soon But no need to post it because you now now what to look for.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.