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USDCHF Monthly TMA bands

Although the positive USD Non-farm Payrolls caused the USD to gain slightly, the move isn't powerful enough to stop the strong downward momentum of especially the USDCHF, as noted on the Monthly chart. Prediction remains that the USDCHF will keep falling for at least 150 pips, to reach and probably break through 0.915 within a week or two.
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USDCHF Monthly TMA bands


* On monthly chart, USDCHF shows strong trend/momentum short.
* On monthly chart, USDCHF is heading towards the lower TMA Band
* Conclusion: USDCHF will probably break the TMA band, or at least touch it.
* TP set just above the TMA band
* SL set at same distance away, for a risk/reward of 1:1
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Retracement: GBPNZD H1

I use a TMA Indicator, simulating Hurst's Theory of cycles in price.
A retracement formed on GBPNZD H1, in the middle of the TMA bands, indicating a possible price movement to the higher TMA band.
TP and SL set loosely according to TMA bands.
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