Price currently on my long term support. Would it hold or break?? lets see
Swiss Borg- CHSB is going to rise again we see dropping volume but higher Lows on each jump up and dip down. we see dropping RSI and dropping Volume - This looks like it is going sideways but there are intense pumps up that are sold off. This tells me someone wants to push this project higher and it is only a matter of time before no one resists this upward push...
This is however my trend line view on USDCHF. lets see
I no longer trade price chart patterns, buh i still use my knowledge of price patterns to form my bias on an instrument. Moreover most chart patterns are actually formed by trend line. If this bullish pennant holds, then up we go. NB: EURUSD GBPUSD AUDUSD NZDUSD have formed a bearish pennant cos of negative correlation to USDCHF. Lets see
Triangle pattern in a descending channel. Is this a signal for the reversal?? Let see
If you didnt join me to make enough money on USDCHF this week, then that means you werent following at all. USDCHF on our last trade gave us 1:5% RRR.
Uptrend till trend line breaks. lets see
This CHFJ on the 4 hour time frame. Currently we are trading within an ascending channel, as we have been for the past 30+ days. In the upcoming week we could see short setups arise. I am looking to see whether price confirms its move by forming a continuation pattern which I would then enter on the break or from the top, defending on the nature of the structure...
This is NCHF on the 4 hour. We could be seeing a reversal on this pair. Using parallel lines (which this pair tends to respond well to) we can make a case for NCHF being in a key value area. Before jumping in, we will need to wait for the market to give us clear confirmation. I would be looking to get involved at a clear rejection from the 4 hour, or if we see a...
Similar to CJ, CADCHF has been trading within a very corrective structure for just over a month. On Friday we saw this pair close its weekly candle below this lower time frame ascending structure. To get involved, I would be looking for some sort of continuation pattern and I would be targeting the bottom of the expanding, or the double bottom area at 0.67450.
This was why USDCHF has been selling. looking forward to an entry at either my trend line resistance or support. lets see
Nice trend line reactions so far. waiting for entry either ways. buh for the meantime im bullish. lets see
In addy to my previous analysis on USDCHF, price broken my trend line resistance. Its heading towards to my next trend line. if it holds which i'll prefer cos of a favourable RRR, then i'll short. Otherwise, i hope for a long entry if it breaks.
If trend line holds, then i'll short. Lets see
A great example - we no longer use technical analysis at all - but I spotted this from elsewhere. Its a great example - that demonstrates our strategy will catch any big move anyway so save yourself the time and subjectivity. We have no need to draw and analyse our charts - our strategy is already coded and we now execute and follow with confidence and belief...