Swiss is moving UPMaybe to continue upmove, or just retracing up from a long term downmove, let us see
For now, focus on buying chf. Watch out for h4 retracement / downmoves.
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Where is SMI going?Two Wycoff Ranges in action. 21 and 34 EMA on a 3 month timescale. Where is SMI going?
SMI long term ideaThis is for my personal record, I am a very bad trader so please don't take this as financial advice, you would not make profit.
SMI update - 03/04/2022Look for wave (3) to target the 1.618 multiple of wave (1) at 14248. 12069 is near-term support. The focus will then begin to shift towards a peak in wave (3) and the next corrective decline in wave (4)
SMI beginning of another LONG shot? The ECB and the FEDs will start tapering off their assets, which made investors quiet nervous by dropping the markets to lows of last Friday. Long time investors are still heavily invested and will take longer to adjust.
Volatility for the long time investor must occur on a much longer timeframe.
I
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SMI overall analysisSMI on monthly timeframe has created an upward trend channel with a supporting trendline too..... on 4H timeframe it has formed a clear bullish 5-0 patter with no intentions of respecting the supply zone..... So yah its still going long for long time..
BEARISH CALL this is my bearish trend idea. how ever wait for clear trend continue moment and wait for trend continue after can entry .this is my opinion not for any signal service .good luck.
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This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
