USDCHF - after a double top, and still remaining gap to fill in front of the highest supply zone, the USD had a complete bearish downwards momentum this week so far, and closed day after day lower. In the moment I am writing the post, we are in front of the important 0.88000 level, which served several times as important line, and price couldn't break through.
As...
The NASDAQ - US100 is in a very extended uptrend, many gaps to fill below. Already is forming kind of a double top on the higher time frame, expect today a retest of the 21,000 level - and then tomorrow with the event of Consumer Confidence as trigger, a larger drop, and space to the downside, combined until will be clearity who is gonna be the next US President,...
Qualifiers of Trade
1. Direction - Buy with the trend
2. 4 hours fresh demand zone, covered by Pivot arround 1,000 prive level
3. Risk to Reward 1 to 2
4. Recommend to take profits at 1,027
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