Disliked{quote} My charts look very different to yours Robert! Allelluyah! On my charts I just see compressed demand on the D1, no valid D1 demand areas. I do see that price could not break the top D1 supply and reacting to it in a strong manner. The D1 trendline, even though it's not a valid one because it can't connect 2 obvious valleys (there are none), serves me as a guide that something is going one there. That's the reason why I wanted to short NZDCHF. Price is bouncing off 20 EMA, an widely used EMA, reacting to it for now. As per my charts, I...Ignored
Hi Alfonso, there are big differences, and quit a lot between your data and mine.
Thanks for your explanation. It's clear we cannot go long, but I didn't want to go short because of the D1 demand level so close to price.