SXY trade ideas
Wait 107 point for bullish Swiss FrancThe Swiss Franc index is in a descending triangle scince 2011 and it is already breaking the symmetrical triangle and it is time to climb but we are waiting for a break of point 107.8 in order for the real rise and departure to start the targets shown on the chart. The downtrend since 2011 has waited for the highlighted points to break and not to rush.
The Writing on the WallThe Swiss during WWII stored Gold for the Nazi's.
If you think the Swiss are fools, I recommend you eat a Bat.
Buy all Currency against CHFBuy all currency against CHF this week. #USDCHF Might Rocket upside move as US30 will tend to support, they might talk of good results in drugs and Vaccines this week. #GBPCHF another strong upside. #EURCHF might resist not much upside expected. Target SXY 104 to start Selling #USDCHF and #CADCHF. EURO might also bottom and go Up supporting #EURCHF or keep it Sideways.
Chf DOWN for at least few daysMoving DOWN for few DAYS (Retracements) before continuing long term upmove....
