USDCHF UPDATE..... SWIZZY BABY
Hello Traders,
I love this particular pair because of how big the move is.... WATCH OUT
If you follow me or have seen any of my previous updates, you will know that I was bullish on this pair but as we have it, the market did not and has not reacted the way I thought. If this market turns bullish by way of structure or CHOCH, I am going SHORT.
Note: If this bearish move happens, it will take out all the induced sells/shorts (see arrow)
If you follow me, you will also notice I make use of the dollar index. As we have it, it has approached a weekly supply so I'm wary and expecting a retracement for now.
If we don't this shift in market structure, then I will update you again.
Cheers.
David
I love this particular pair because of how big the move is.... WATCH OUT
If you follow me or have seen any of my previous updates, you will know that I was bullish on this pair but as we have it, the market did not and has not reacted the way I thought. If this market turns bullish by way of structure or CHOCH, I am going SHORT.
Note: If this bearish move happens, it will take out all the induced sells/shorts (see arrow)
If you follow me, you will also notice I make use of the dollar index. As we have it, it has approached a weekly supply so I'm wary and expecting a retracement for now.
If we don't this shift in market structure, then I will update you again.
Cheers.
David
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Related publications
Disclaimer
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.