XAGEUR: Buy the dips if your local currency is the Euro
Updated
I'd highly reccomend investing in Silver, if your local currency is the Euro.
You can take a longer term position here, risking 5% of your capital without a stop loss, or take a more 'swing' style trade, with a stop loss under 16.39.
Upside is considerable, specially factoring in a potential USD rate hike that might destabilize all currencies, potentially resuming the monthly downtrend in the Euro, which fundamentals warrant.
Good luck!
Cheers,
Ivan Labrie.
You can take a longer term position here, risking 5% of your capital without a stop loss, or take a more 'swing' style trade, with a stop loss under 16.39.
Upside is considerable, specially factoring in a potential USD rate hike that might destabilize all currencies, potentially resuming the monthly downtrend in the Euro, which fundamentals warrant.
Good luck!
Cheers,
Ivan Labrie.
Note
Looking good.Note
Excellent.Trade closed manually
You can book partial profits here, or close the whole thing. If we break the resistance in the weekly we can reenter.Trade active
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