The Long Term USD Bull Forex Trade
Question: if someone held a gun to your head, and forced you to pick a 5 year+ forex pair that would capitalize on a USD bull market, which pair would it be?
Answer: USDCHF
The Swiss Franc has long since lost it's save haven status, and its largest trading partner is the EU, the failed 4th Reich. The Dollar remains the most sought-after currency in the world.
USDCHF has been in a 6 year basing pattern. With the formation of an inverse Head and Shoulders pattern, within a larger rising wedge, it may be the time to begin initiating long positions in this market.
Three targets are marked in purple. This is a long-term bullish USD trade, with a time horizon of 2-3 years.
Answer: USDCHF
The Swiss Franc has long since lost it's save haven status, and its largest trading partner is the EU, the failed 4th Reich. The Dollar remains the most sought-after currency in the world.
USDCHF has been in a 6 year basing pattern. With the formation of an inverse Head and Shoulders pattern, within a larger rising wedge, it may be the time to begin initiating long positions in this market.
Three targets are marked in purple. This is a long-term bullish USD trade, with a time horizon of 2-3 years.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.