Friday 4 June 2010

$ CHF a study -Reaction Lines

As i was putting together this set of charts we saw a sharp fall in the US$ and sure enough the chart on the left shows the RL culprit.
By the way...Have a look at the long term UsCHF charts below from E-signal....Do you think that we have recently seen a touch on the ML/CL (pink/yellow in MT) and that price is on the turn? Remember as per the previous post these RL's are best viewed in 5,10, 5 & 30 min TF as above that the detail is lost.




No comments:

Post a Comment