Salam And Good Morning (yeah late morning)
Anyhow, lets have a look at USDCHF...
The least pair ive traded on. But just because the monthly momentum sell is there (its candle closed beyond the lower band)
My focus is Sell. But the market said otherwise. Retail trader wont have a say in how the market moves. Market mover is just too big in amount for retail trader to move the market. So, lets learn to find a point to move with them.... My weakness.... i could not catch the 3rd wave...
So!
Weekly TF
This is how the Weekly TF looks like... CS Closed outside of the BB. Try and check out Monthly Timeframe... Waau!
Daily TF
Daily is making its move (dancing).. RT? Wallahua'llam. The best is to just go with the flow~
H4 TF
H4 STILL have buy momentum! how do i know... CS closed outside of the BB.
Plus, CB1 has broken.. H4 is at TP2. Actually, ive managed to get a few pips here. Reached my TP (take profit) Buy of course.
Remember that this week's news, USD will be making a play! Could they spike to TP3?
Lets wait and see. Remember to follow the trend/flow. Still bullish.
Short Term: Bullish. Caution with MA100, TP2 and Elliot Wave smaller TF.
Long Term; i still have to say that it is bearish.
Till next time! Trade at your own risk!
Cheers!
Best Regards,
SalamTrader.
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