USDCHF - At potential long term decision point
USDCHF has always been sold above the 200 weeks ma since 2002.
I'll watch for it to behave similarly in the next weeks...
Not rushing to trades but having this chart in the back of my mind to color and plan my future trading and market direction.
A sustained move above the 200 weeks ma and further strength in the next 4-5 weeks with higher highs and higher lows on smaller time frames (1D / 4H) wouldn't be something to to treat lightly imho.
Don't hesitate to comment.
I'll watch for it to behave similarly in the next weeks...
Not rushing to trades but having this chart in the back of my mind to color and plan my future trading and market direction.
A sustained move above the 200 weeks ma and further strength in the next 4-5 weeks with higher highs and higher lows on smaller time frames (1D / 4H) wouldn't be something to to treat lightly imho.
Don't hesitate to comment.
Trading success is not going to be entering winning trades, but how you exit your losing trades.