-CHF very weak currency. I'm not about to go and call the bottom of the and neither should anyone. What I notice is price has created 4x DBD supply zones in a row which allows us to consider the market overextended, and we have the ability to draw an aggressive downward ML.
-Waiting for price to have the "elastic band effect" and have price shoot up and break the aggressive downward ML + remove an opposing zone.
-A quality DBR must be created from that and then I will look for a potential swing trade.
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.