It's done! Put a fork in it. - Much like the last time... :-) - See attached post.
NQ1! ... just follow the arrows!
Fact; - The top 3 Hedge Fund managers, in excess of +11,000% net lifetime earnings, have no more than 3 trades, total, constituting >85% of their total, life-time earnings. - Every last one of the top life-time earners ("Trading Legends") - in excess of +11 000% (eleven thousand percent net return(!!) - have made their fortunes in Commodities and FX. (Soros,...
... you know what to do?! (...just follow the arrows.)
Get used to it!
Keep selling them like there was no tomorrow!
Check for the SHORT Entry then ride it down hard, like a rented mule!
While the SNB is a "currency manipulator" (of the first order), Japan is a wholly owned subsidiary of the BoJ. Still, it's wise to bet on the World's 3rd largest economy versus the World's Vault that is now on fire. ... and this chart is foretelling that exact story!
Like the title says: Sell it!
This is probably stating the obvious but here it is... Target: 1.05.
Just like it says in the chart: Wait for it!...; ~30 pip Stop should be sufficient for the turn.
It's about to take off!! Here one also have the SNB on one's side as this one is very heavily(!!) manipulated - the SNB printing/selling the CHF. Here is the Weekly chart; Look at where it is!! ... and here is the 4hr. ... for the exact LONG Entry.
3 way confluence with a massive Bat (with a much lower PRZ!) looming over this weekly chart!
Have at it!! . . Here is the 4hr.;
... already. If not then do it now! However, there is also a massive Bullish Deep Crab looming above this, so one might want keep a close eye on it!!
Although accounting for a ~+2% currency advantage over US indexes and for an annual +5%-6% equity (stocks) advantage over US stocks, in general, all that means is that the DAX will sink somewhat slower/less than it's US counterparts. E.g. one should sell this - SHORT -, freely here, as well.