Initiated a long-term buy trade for EURCHF targeting the 0.99135 level. The historical context shows a prolonged downtrend from 2017 to 2023, with the current price action indicating a potential reversal or correction.
My analysis, based on a unique strategy I’ve developed, aligns with this target. The projection involves cyclical upward movements, with the price expected to fluctuate but generally trend towards 0.99135. Historically, such long-term trades achieve their targets within a few months. (Swap being on our side 👊🏾)
I plan to incrementally buy more if the price experiences temporary dips, using minimal leverage to manage risk effectively.
Playing the long game, this approach aims for stable growth and capitalizes on the projected market movements over the extended timeframe, but it can take several months.
My analysis, based on a unique strategy I’ve developed, aligns with this target. The projection involves cyclical upward movements, with the price expected to fluctuate but generally trend towards 0.99135. Historically, such long-term trades achieve their targets within a few months. (Swap being on our side 👊🏾)
I plan to incrementally buy more if the price experiences temporary dips, using minimal leverage to manage risk effectively.
Playing the long game, this approach aims for stable growth and capitalizes on the projected market movements over the extended timeframe, but it can take several months.
Note
Looking good.Note
Still in!Note
Added another small position. This is long term. Earning swap interest. Trade sizes are very small.
📈 Free Telegram: t.me/global_horns
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.
📈 Free Telegram: t.me/global_horns
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.