Current week ending in a drop of more than 1600 points on the Dow. Using a standard lot size and shorting the Dow, that would have been an astounding $160,000 for the week. Luckily we are talking about the US economy; one of the strongest economies in the world. Friday ended on a good retest as the Dow gained 550 points back up. Again, a good long position with...
USDCHF is the 5th most traded currency and is known for its stability. We have seen several movements that have been easily predicted by analysts. Here is my prediction for the next financial movement of this currency pair. The support line drawn shows where all channels retested and changed directions. The butterfly pattern indicates its next retest. Long on...