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 :-)!
Waiting for a re-entry opportunity. If pullback holds above previous low I will reanalyze. Monitoring price on the daily tf and entry on the 4 hr tf
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...