Hi, today i wanna discuss about cylic analysis. this is long term projection for "position trader", coz opening position not only for month, but for years.
we have long term projection analysis at previous analysis on January 2014, and we success hit target only in 1 year you can check previous analysis here :
In this analysis we focus to 6 years cycle, you can see that EURUSD perform a big 15 degree parallel channel up, still not break for 39 years, and still valid. If we look cyclic lines, bearish take 6 years and bullish take 12 years. and in this cycle, we enter bullish cyclic at cyclic 8.
So we already have big picture for EURUSD, and our trading plan here is : 1. buy at support channel up or touch trendline at 1.1265, and aim for 7824 pips at 1.9155 2. buy if channel down break up, and aim for same target at 1.9155
This is long term projection, and we will reach our target in 12 years. So,. I will update this analysis in 2030
note : careful EURUSD still perform bearish wave
To better understand about this analysis, strategy and money management, you can check our video analysis. Good luck ^_^
Euro was introduced in 99, how is it possible to show a EUR/USD chart going back as far as 72?
Borgilskye
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Not going to happen because of the fundamentals. Europe is on the first steps of breaking up...see how the Euro is then!!!
Victor1288
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Not going to happen, target 0.91
You need to study macro economical situation in EU and further very high probability of EU degradation and split. EUR callapse is coming next 4 years
Jefe
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@Victor1288, Funny you should say that about EUR when the USD is the one in hot waters.
Dreath69
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a lot has changed fundamentally I dont see this happening!
why would one open a 12 yrs position when crypto shows same volatility in few months?
Pro_Fund_Manager
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Trend already broken last year the up move now is a retest , euro will be bearish for the next few yrs.. Good analysis she has a stop loss assigned .. I am Bearish on euro
ChrisHoang
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@Pro_Fund_Manager, Obviously, this is simply for entertainment purpose, There is a huge different between analysis and actually having a mind set (and the deep pocket) to follow "what you think" may happens in.. 12 years. Very funny though.
Pro_Fund_Manager
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@ChrisHoang, This may not happen in 12 yrs , trading is about money management and not analysis .. analysis plays only 10% role and 90% is about money management