Knowledge & Profits Ok Followers - We're looking a USDCHF and the bias here is bearish! And here is why... Price fails to push higher on the weekly time frame. We're only seeing big wicks to the upside while candles continue closes next to each other. Almost seems like consolidation on the weekly time frame. Now to the daily we can see that price is engulfing...
Be careful buying - CADJPY
Knowledge & Profits We are officially in a sell for AUDCHF 22/09/19 This trade is based on the daily time frame and my personal trading algorithm design by the help of "Nononsense Forex". We are trend traders therefore this trade is expected to be a new push back into a downtrend. Let see if this is another win in the books...
Knowledge & Profits Be cautious buying. A bearish Butterfly Harmonic Pattern has just successfully completed on the DAILY Chart and these patterns are said to be 80% accurate. We can already see a strong bearish candle with a wick to the upside. Big wicks = Big Clues LOOK FOR SELLS...