price normal cycle was falling but out of no where the cycle was broken and price went up
leaving behind the traces of the composite man
right now price is in the distribution phase and fundamental events will start the mark down
bottom line the chf is overbought so sell at a upper Bollinger Band 50 and buy not at the lower Bollinger Band 50
use timeframe 15 minutes just because that is where the composite man look for money same as most retail traders (dumb money) do
stop loss must be very wide
leaving behind the traces of the composite man
right now price is in the distribution phase and fundamental events will start the mark down
bottom line the chf is overbought so sell at a upper Bollinger Band 50 and buy not at the lower Bollinger Band 50
use timeframe 15 minutes just because that is where the composite man look for money same as most retail traders (dumb money) do
stop loss must be very wide