GBP/CHF oversold daily in indicator and oscillator commodity channel index "CCI" and relative strength index "RSI" Current at yearly support price, targeting price resistance at 1.27 for breakout ema Tomorrow release would be bullish so expect for a strong move upwards
CCI dipped below -100, lines up with bottom tail and bottom of the BBs, also has HEAVY volume. Weekly chart. Happy trading! Please leave feedback / criticism in comments. Thanks!
ITs been a nice ride up, and sentiment looks very good. However for any kind of continuation we need some cooling off in the form of pull back. There a divergence on the 15min and 1 hr charts on the RSI, playing into the CCI pullback on the 1day chart. The 4 hr chart shows CCI divergence and is starting to show RSI too. A 50% retrace to ~7300 would be enough,...
Indicator Overlay Color of your candles matches your CCI with Histogram indicator and trend line . CCI EMA or SMA based option, traditional or modern formula calculation options ect. Can change Length, source, Trigger Lines, colors of candles and histogram and more The CCI compares the current price to an average price over a period of time. The indicator...