USDCHF LOSS

USDCHF LOSS
27th October 2017 contacttf
The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

I got back into the trade, because I think there a big move down possible.

My trade entry was via the previous high, not my premarked resistance zone.

Trade did not work. I will be back in again if price hits my resistance line, 1.00288.

Senkou Span B (Leading Span B): (52-period high + 52-period low)/2))  On the daily chart, this line is the mid point of the 52 day high-low range,  which is a little less than 3 months. The default calculation setting is  52 periods, but can be adjusted. This value is plotted 26 periods in the future  and forms the slower Cloud boundary.

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