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CatoshiNakamoto
Mar 11, 2020 11:40 AM

Updated Idea CHF Long

SWISS FRANC / EUROICE

Description

Just an update of my original idea posted early jan 2020.

Comment

Turns out it's' not Gold, Silver or Bitcoin. CHF is the only true hedge during financial turmoil.

Trade active

CHF going strong. I fully expect the trendline to be tested eventually.

Comment

2 year low for EUR - fully expect .98 to be reached eventually.

Comment

Found some good support on that multi year uptrend line (as forecasted)

Comment

Target reached - I think geopolitical situation will further increase the "wealth flight" into save havens around the world. Holding a good chunk of CHF is a good diversification for any portfolio.
Comments
transparent-fx
good point of view, I was looking at eurchf just few minutes ago
CatoshiNakamoto
@transparent-fx, thanks, i appreciate the feedback man!
CatoshiNakamoto
@transparent-fx, we are right on course.
CatoshiNakamoto
@transparent-fx, target hit.
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