I am not a professional do not follow my trades.
This is just an interesting chart. SNB said something last week about their currency being too strong and there is more then a 50% chance of them doing another rate cut in the near future.
head and shoulders. the resistance break of the right shoulder is the hypothetical support area we would be looking at here.
A break of the hard stop line invalidates this idea.
Thanks
Happy trading
This is just an interesting chart. SNB said something last week about their currency being too strong and there is more then a 50% chance of them doing another rate cut in the near future.
head and shoulders. the resistance break of the right shoulder is the hypothetical support area we would be looking at here.
A break of the hard stop line invalidates this idea.
Thanks
Happy trading
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.