Loewenstein

2018 BULL MARKET YEAR!

Short
FX:EURUSD   Euro / U.S. Dollar
The decade resistance stated from from ATH 0.98% 2008 was confirmed at round number 1.25000 in January 2018. Also the bull market channel formed by the decade support and resistance level are showing quite precise cycle highs base on the ATH 0.98% of 2008 accordance at 2009 high, 2011 high, 2014 high.
This two factors should expect a bull market run for 2018.
This analysis based on monthly timeframe should be taken as a sell signal with trailing stop on weekly time frame.
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