Hello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/ On the Monthly we are currently in an uptrend. Dropping down on the Weekly the market has just printed out a W formation where its currently testing a strong structure of support where the market has retested this in the past and is...
At a support zone, waiting for a better confirmation before entering a long or short.
SGD/CHF is not holding strong and broke under the 50 EMA on the daily timeframe. MACD daily has also crossed the zero line and we have convergence down. AS the pair goes down, we will see how strong the bearish move is and wheter we can keep holding to the next TPs. First TP: 0.7153 Second TP: 0.7105 Third TP: 0.7055 You must leave enough space for your SL....