Yet if you read the financial press to make your investment decisions
You would be de risking when you should be putting the pedal to the metal.
Inverse Head and Shoulders points to a whopping price from here once the neckline is broken.
I predict EU will fall due to USD strength on/near June 14-15 (FOMC) meeting. Then, the Euro will strengthen on the wake/post ECB meeting at the end of July (26).
The index reached the target aligned with our forecast post of June 1st. We may see a small correction, before the index continues its uptrend path. FOLLOW SKYLINEPRO TO GET UPDATES.
XAO just reached 0.618 retracement of primary wave 1 down and completed the counting of five waves for the completion of intermediate wave C. For higher confirmation a move below 5,600 would almost eliminate the contrary odds. The next move should be in direction to levels below 4,500. If prices continue to rise a next target would be 6687, before the trend turns...
XAO is tracing minute wave v, which is the last leg that will complete intermediate wave C and also primary wave 2. The most probable target for the end of this move is at 6,202. After this price should decline during primary wave 3 down to new lows. If price crosses down 5,700, the odds are that primary wave 3 has already started. FOLLOW SKYLINEPRO TO GET UPDATES.
XAO seems to be tracing a primary wave B up of a cycle corrective wave b. It just began minor C up. We may see the index delivering 5 to 15% of returns during the next 10 days. FOLLOW SKYLINEPRO TO GET UPDATES.
Another super awesome 'trade of the ages' on this SVP {Super Valuable Pair}! Another Super Valuable Pair similar to this one with identical price behavior is the FX:AUDCAD .
Remember the NZD/CAD trades opposite to this one due to the negative correlation.
I've been waiting forever for this Inverse Head & Shoulders to complete and lift-off and the party has now...
![AUDNZD: AUD/NZD's Multi-Year Cycle in Full Swing [Time For the Bulls]](https://s3.tradingview.com/z/zEBQcwM8_mid.png "AUD/NZD's Multi-Year Cycle in Full Swing [Time For the Bulls]")
