USD strength

2021년 10월 30일

As I told you on the previous week I still see the strength of the US dollar. Daily timeframe on USDCHF. Only two main psychological levels for me - 0.9100 and 0.9300. We can clearly see we already formed 5 Elliot waves. Once the 5th wave was hit our support level - the price starts to reject. Why? Is it only because of the support level? Yes, but also we got a finished structure. Look at the daily timeframe and have a look HOW we start to form our move to the downside getting this H&S pattern. We move not aggressively but correctively. This is what the nature of the market should tell us! Try to not look for only repetitive patterns and candles - try to READ THE CHARTS, and later on trading will become the second nature.

2021년 11월 4일

노트

There is almost 5 days when the price completely start to form new impulse to the upside - lower timeframes looks good. Let's see what we can get next??

2021년 11월 16일

노트

Update - Very nice a trend change. Huge momentum to the upside and our first target is already hit at 0.9263