Despite the recent decline in the value of the Swiss franc, it's gearing up for a very significant move upwards. On shorter time frames, a textbook bull wedge has also formed. The basis of this analysis would be difficult to explain or justify, so I'll just say that my outlook should be seen as "take it or leave it."
Comment:
Results are looking positive so far. Swiss data releases are beating expectations, current profit on margin required to open my long position is above 20%.
Comment:
Long position closed, going short shortly.