Hi Traders!
As you can see, the market was in a strong Uptrend for quite a time.
After that, it made one Top, pulled back, came back up again and failed to make a higher High.
Since then, it is moving down.
The market started a descending Triangle in which the market made lower highs, but equal lows.
That pressurized the Support, which finally broke out.
The...
Hi Traders!
The market seems to be in a Range within a Triangle.
But what does the movements on the weekly, daily, H4 and H1 TFs
really mean?
That is how we look at the situation:
Weekly TF:
Daily TF:
H4 TF:
H1 TF:
What is your view on USDCHF?
Leave a comment!
Thanks and successful Trading :-)!
Hello all,
This shit is getting out of hand. When crash? I said it earlier and I'll say it again: you should not be buying AMZN at these prices.
If you're unfamiliar with my work, the labels are key technical indicators I look at. We have closed on a red ashi, which statistically tells us we are likely to fall more. We have the macd at dy/dx=0 which tells us...
