GM gents, wanted to bring your attention to the Euro here. This type of signal hasn't happened since 2002, which makes it a very big deal and a very real risk if you're in Europe and holding USD exposure.
We could see a 7% to 25% rally in the coming 2 years from this spot, with pretty high probability, and maybe even a series of similar signals in the same direction for longer like from 2002 to 2010 when the quarterly trend turned bearish decisively.
It's wise to find some way to generate enough returns to cover this currency risk, if you're invested in US stocks, crypto (stables mostly denominated in USD), etc.
Best of luck!
Cheers,
Ivan Labrie.
We could see a 7% to 25% rally in the coming 2 years from this spot, with pretty high probability, and maybe even a series of similar signals in the same direction for longer like from 2002 to 2010 when the quarterly trend turned bearish decisively.
It's wise to find some way to generate enough returns to cover this currency risk, if you're invested in US stocks, crypto (stables mostly denominated in USD), etc.
Best of luck!
Cheers,
Ivan Labrie.
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🔒Want to dive deeper? Check out my paid services below🔒
linktr.ee/ivanlabrie
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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.