Capricious Currency Curriculum
The Euro/Dollar is signaling something significant on the MACRO level. I'll link the YouTube series that explains it in comments.
The recent technical breakout indicates where the next stop is and there are several ways to take advantage outside the FX market.
From a technical standpoint it appears the trajectory of the U.S. Dollar is heading towards 85 at the very least, with pitstops along the way.
Silver could be forming some kind of flag pattern. If so, either it breaks out higher or could drop out before it pops.
Gold is more stable than silver and is more likely to grind sideways or boringly drift higher before a big move.
Bitcorn is another way to play this however, longer term will it's crypto king status last?
S&P 500 is designed to go up longer term either way however, small positions are ideal as there is a mini capitulation risk in the case of delayed "stimulus" and the poor economic data that would roll out as result.
Trading is risky and should not be attempted by anyone, ever.
Long: SLV, GDX, MGC Futures, BTC, ETH, EEM
The recent technical breakout indicates where the next stop is and there are several ways to take advantage outside the FX market.
From a technical standpoint it appears the trajectory of the U.S. Dollar is heading towards 85 at the very least, with pitstops along the way.
Silver could be forming some kind of flag pattern. If so, either it breaks out higher or could drop out before it pops.
Gold is more stable than silver and is more likely to grind sideways or boringly drift higher before a big move.
Bitcorn is another way to play this however, longer term will it's crypto king status last?
S&P 500 is designed to go up longer term either way however, small positions are ideal as there is a mini capitulation risk in the case of delayed "stimulus" and the poor economic data that would roll out as result.
Trading is risky and should not be attempted by anyone, ever.
Long: SLV, GDX, MGC Futures, BTC, ETH, EEM
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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.
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.