Simple analysis on chart.
This correlates well with my intermarket analysis view, a monster eurusd downtrend and a massive EUSTX/DAX rally.
Trade has good probability, but it's most importantly a forecast, and part of my current market worldview, like Van Tharp calls it.
Good luck if taking the trade.
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Cheers,
Ivan Labrie
Time at Mode FX
Analyst at Concord Bay dot com