Euro versus Swiss Fr weekly chart ;
1) I have been calling this the forex trade of the year
2) Euro is trying to form a bottom pattern (higher lows)
3) Expecting move wild swings until price gets into a tight range, then breaks out above 1.3200.
4) When price does break out, expecting also a sudden reversal to re test that break out.
5) LT price fall (parabolic fall) = Do not expect a V shape reversal
1) I have been calling this the forex trade of the year
2) Euro is trying to form a bottom pattern (higher lows)
3) Expecting move wild swings until price gets into a tight range, then breaks out above 1.3200.
4) When price does break out, expecting also a sudden reversal to re test that break out.
5) LT price fall (parabolic fall) = Do not expect a V shape reversal
1 comment:
Hey Moise,
Is there any way to play this via ETF?
TY,
DWH
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