I have seen this many times bevor in many timeframes.
This "pattern" is like a loading battery.
The question is, in which direction will it unload it's energy?
This is a weekly chart, and therefore it has a important meaning to me...really observing this one very close!
Armstrong says, that the USD will rise in a super crazy height.
This could be the start -...
rade ideas (or trading ideas, or "Electronic Alpha-Capture") are investment ideas, typically equity related, ("long" i.e. buy, or "short" i.e. sell) which are sent by institutional stockbrokers to their institutional clients (i.e. this is not a service provided to private clients). They typically propose a trade in a specific stock and are developed by the...