USDCHF - Rebound after Head Banging on the CL
Last week we had ECB decision about int. rat. to zero, what caused the flash down to the A/R line to the tick.
Now, the Action is over and the reaction can follow.
Price landed in the Buyers Zone again, which was first washed out by the Sine-Wave move down to equilibrium.
Then we see the normal "Bubble-Up" (the reaction from priors action) up to the CL, which price reaches over 80% of time.
From down here, a new story is starting beeing telled....
P!
Free for you: Action/Reaction and Forks
Now, the Action is over and the reaction can follow.
Price landed in the Buyers Zone again, which was first washed out by the Sine-Wave move down to equilibrium.
Then we see the normal "Bubble-Up" (the reaction from priors action) up to the CL, which price reaches over 80% of time.
From down here, a new story is starting beeing telled....
P!
Free for you: Action/Reaction and Forks