Idea:
The pair is apparently involved in a rising wedge.
Looking at the RSI is a "step" increase and a trend that seems to overflow near December; Taking Fibonacci levels, a zig-zag line (elliot for purists) and this combined apparently coincides with a wedge pattern fits:
---------------------------------------
CHF seasonal trend
CAD seasonal trend
---------------------------------------
this quarter apparently these pairs enter into a seasonal period, where the increases in indices of each other are synchronized.
To break the wedge in the second week of December
Ideas, comments and suggestions:
They are always welcome
annexed:
The pair is apparently involved in a rising wedge.
Looking at the RSI is a "step" increase and a trend that seems to overflow near December; Taking Fibonacci levels, a zig-zag line (elliot for purists) and this combined apparently coincides with a wedge pattern fits:
---------------------------------------
CHF seasonal trend
CAD seasonal trend
---------------------------------------
this quarter apparently these pairs enter into a seasonal period, where the increases in indices of each other are synchronized.
To break the wedge in the second week of December
Ideas, comments and suggestions:
They are always welcome
annexed:
- Imagenes estacionales fuera de tradingview
- CAD seasonal
- JPY seasonal
Note
meaby Bump and Run Reversal.
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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.
Related publications
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.