Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 1482 Cross-Rates (12th Month Statistics) @ drive.google.com Best regards Aaron
Pink Line targets, Entry is now ;)
A nice descending triangle with 7 touch points. My backtesting has shown me that often the oscillations get closer as the triangle gets closer to its apex, and we see here that this behaviour is very strong. The key here will be the open of next weeks trading, where we will see whether it will break above the descending line and ruin the triangle or if the market...
Template of why Sell Main reason: HKD has an artificial floor however, eventually will have to cave. very long term play on this one. Trendline below two main trendlines Candlestick patterns N/A MACD Short Stochastic Coming down Elliot Wave all over the place Exit (stop) = Well below