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 it's previous bullish candle. This is our hint that we are about to see a take off.
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 it's previous bullish candle. This is our hint that we are about to see a take off.