Looks like this could start a long term swing down. Carry trade is about 50% for a short position, may be a grea time to start selling tops all the way down.
As we know. The rich get richer.
The poor get poorer.
Well a rich and sustainable economy like Switzerland (one of the most expensive countries to live) is showing major strength for the Swiss Franc.
We are seeing a Cup and Handle form. The price broke above the brim level, came back down and jumped up.
This conservative entry is where all the demand and...
Cup and Handle and a Falling Flag has formed on the daily with the Swiss Franc versus the South African Rand.
There was a one month consolidation and retracement. And now it looks like the buying and demand is kicking in again for the CHF.
We are looking at all yearly highs soon.
7>21>200
RSI=50
Target R22.00
QUICK STORY~!
I was in Switzerland in...
A bearish-type big Cypher pattern occurred near the resistance zone of 18.988-19.077.
If the price rises to 18.9162, a bearish-type big Shark pattern could occur.
Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 18.365-18.543.
*Harmonic patterns and support/resistance zones are automatically detected using the...
A Bearish-type big Gartley pattern occurred.
If the price rises to 20.42, a Bearish-type big Butterfly pattern is likely to occur.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
A Bearish-type big BlackSwan pattern occurred.
Also on the weekly chart, Bearish-type BlackSwan pattern is occurring.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
A Bearish-type BlackSwan pattern occurred.
If the price rises to 18.142, a Bearish-type DeepCrab pattern is likely to occur.
Also on the weekly chart, Bearish-type BlackSwan is occurring.
Short after seeing the rebound.
*Harmonic patterns is automatically detected using the indicators below.
- Harmonic auto-detect PRO
This pair has been violent for the past 2 weeks and now we are seeing signs of large numbers of #sellers coming into the market to force this pair down.....
Back in February I posted a Short Setup who's target was the PCZ of this Weekly Bullish Bat. 4 months later we have finally reached our weekly target and now with some of the profits made from the short it's time to flip long.
For context on the original trade setup check the related Ideas section.
