20230104: Waiting for the Long trade

4 Oca 2023

USDCHF

Monthly Chart:
https://www.tradingview.com/x/MZDVEJh3/

Weekly Chart:
https://www.tradingview.com/x/0Pc8jP8C/

Daily Chart:
https://www.tradingview.com/x/f3jGzqxR/

Yesterday, USD surged, and everyone was thinking to buying it.

A lot of people thought that the price will go up. I am sitting on the sideline to observe the market.
It is to let the price action tell me what is more favorable to them.