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Showing posts from January 17, 2021

MARKET INSIGHT - USDCHF

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 The bullish run in the past few D1 and H4 candles is clear using MACD CFX. The D1 and H4 is prepared for BUY but the followings we must carefully consider: - USDCHF current price is making triple tops and that may be a major resistant zone. - The DCI oscillator is overbought in M30 so we need to wait for it to relax to the oversold levels for a BUY signal to make sense. I will be BUYing when the DCI is bullish from below the middle levels in M30 or H1 timeframe

MARKET INSIGHT - GBPCHF

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The D1 timeframe for GBPCHF remains uptrend considering the MACD CFX Strategy . The H4 timeframe is still bearish and good to monitor this week for possible BUY opportunities. Waiting on the DCI indicator to give a BUY signal.