While the SNB hasn't really signals any policy change for short-medium term, considering that global inflation has started to cool down, there is quite a chance that they cannot keep hiking rate at some point. Meanwhile, the technical side of it shows a potential buying condition that hard to miss.
As you might see on the chart, based on those conditions, I prefer not to take an aggressive approach. Waiting for the price made a new high in lower timeframe, or at least a new daily high would be better before taking a long trade.
"Trading is NOT about how often you are right!! Trading is a mathematical calculation of the ratio of the results you WILL get to the risk you MAY spend!!!"
As you might see on the chart, based on those conditions, I prefer not to take an aggressive approach. Waiting for the price made a new high in lower timeframe, or at least a new daily high would be better before taking a long trade.
"Trading is NOT about how often you are right!! Trading is a mathematical calculation of the ratio of the results you WILL get to the risk you MAY spend!!!"
Adityan Mulia, M.T
TradingView Indonesia
Email:
madityan@tradingview.com
Telegram channel
t.me/tradingviewindonesia
TradingView Indonesia
Email:
madityan@tradingview.com
Telegram channel
t.me/tradingviewindonesia
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Adityan Mulia, M.T
TradingView Indonesia
Email:
madityan@tradingview.com
Telegram channel
t.me/tradingviewindonesia
TradingView Indonesia
Email:
madityan@tradingview.com
Telegram channel
t.me/tradingviewindonesia
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.