i_am_siew

47. A lesson in SYMMETRY

Education
FX_IDC:EURUSD   Euro / U.S. Dollar
Good evening,
Those of you who have read my ideas surely know my views are totally different from the rest.

It rest upon the use of the simple COMMON SENSE and constantly on the look out for what WORKS and what DON'T.

Perhaps I may be able to convince you now on the use of the simple ABCD. If you have, you would have made some handsome profit.

ABCD rest upon the simple fact that price moves in SYMMETRY. Don't ask me why but it seems that is how it is. All you need to do is pay attention to its movement. If you need PROOF, I am sure you can find lots of it in the chart.

The FED will PIVOT. Logic and Common Sense will tell you that they can't continue to keep raising rates. It will have to stop one day.

The 10y/02y had been inverted since 04/2022 and 07/2022. This means a RECESSION is coming, most likely in spring 2023.

The 10y/03m had just inverted. This means a PIVOT is near. Not forgetting that the MOVE Index is around 150.

So other than guessing WHEN the FED will PIVOT, perhaps we may also want to know HOW LOW EURUSD will go.

Good luck.
P/S : As always, do not just believe what I say. Use your common sense.

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