I haven't been watching this pair all day but I got an alert for this pair to go long on another indicator I use to detect momentum shifts.
While reviewing the chart, I see that my indicator also triggered an entry a few hours ago.
In addition, I see that that the bearish structure has been broken with momentum showing strength.
CHF is currently showing weakness while USD has been strong all Asian session.
COT data shows a decrease in net positions while USD is relatively flat (decrease in both Longs & Shorts).
CHF moves quickly so if it breaks up, it could be a quick jump up.
Just a disclaimer, this indicator can produce false positives. And DXY is currently a little choppy.
Also, as I am in another trade I won't add any extra risk during the Asia session.
Let me know your thoughts.
Trade Safe!
HEET
While reviewing the chart, I see that my indicator also triggered an entry a few hours ago.
In addition, I see that that the bearish structure has been broken with momentum showing strength.
CHF is currently showing weakness while USD has been strong all Asian session.
COT data shows a decrease in net positions while USD is relatively flat (decrease in both Longs & Shorts).
CHF moves quickly so if it breaks up, it could be a quick jump up.
Just a disclaimer, this indicator can produce false positives. And DXY is currently a little choppy.
Also, as I am in another trade I won't add any extra risk during the Asia session.
Let me know your thoughts.
Trade Safe!
HEET
Đã hủy lệnh:
My algo reversed. No confidence in this trade anymore.
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📈| Smart Money Trading
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📈| Smart Money Trading
🔗| Link below for my Youtube and Telegram group where I post trading ideas 👇👇👇