Tuesday, July 6, 2021

20210702 17.00 USDCHF trading.

    

  • Fri 20210702 17.00 USDCHF 1h (see AI settings here).
  • SMA21 was flat.
  • Price was above SMA21. 
  • At 14.00 hours, sellers who entered short positions below 0.92748 during past 24 hours were stopped out by the bar +1.
  • At 17.00 hours, the giant red bar -1 strongly crossed and closed below the SMA21 line. 
  • A sell short position sent at 0.92529 or above during the next bar could have returned at least 10 pips within 3 hours.

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