One of the best shorts for many years.......
One of the things I like to do when seeking out trading opportunities is to review historical charts. Guess what I found?
THE EURCHF pair has been on a downtrend since 1994 at the peak of 1.80 till current price of 1.05.Now, it appears to have found some support at 1.05 level as you can see the price been hoovering at this range for nearly a month or so.
If it does break out from the down channel, this could be a good longer term buy. Again, there is no guarantee that it would not dip lower than 1.05 so the best thing to do is to wait patiently.
This is probably one of the rare pairs that if you sell and hold for the past decade and made off with good profits.
THE EURCHF pair has been on a downtrend since 1994 at the peak of 1.80 till current price of 1.05.Now, it appears to have found some support at 1.05 level as you can see the price been hoovering at this range for nearly a month or so.
If it does break out from the down channel, this could be a good longer term buy. Again, there is no guarantee that it would not dip lower than 1.05 so the best thing to do is to wait patiently.
This is probably one of the rare pairs that if you sell and hold for the past decade and made off with good profits.
Nota
Praise the Lord. what a nice bullish candle that was ! Now, we wait for some pullback before adding longNota
Powerful.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.