Usd/chf
wow, the USD/CHF came within a nosehair of piercing the daily parabolic dot at 1.2005 on yesterday's daily chart. The low came RIGHT UP TO that point.
I'm thinking there is a very good chance sometime in the next couple of trading sessions, the price will pierce the new daily parabollic dot at 1.2007. When that happens, I'm thinking to add another short position to my existing short position.
The 30 min, 1hr, 2hr, 4hr, daily, weekly & monthly would all be going the same direction. To me, that seems like a pretty powerfull confluence of timeframe indicators.
back to the charts...
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