Longterm EUR/USD. Bullish start of a 16 year cycle

ที่อัปเดต:
Financial Crisis
Greek crisis
main refinancing operations of zero percent
and even the “zero lower bound” get broken
negative interest rates, not imaginary before…
But since beginning of this year the inflation is rising in average. End of quantitative easing? That´s an everyday asked question in these days. EZB is getting under pressure. Just a matter of time

Technically on such large timeframes it´s the best to look for big cycles, as you can see is spotted a 16-year cycle. And we are right at the beginning.
RSI diverged like hell and is now above the 50 level, which is a bullish sign.
On the other hand, we had a really sharp move and we are testing the high point from 08/2016 atm (white ray). Correction is possible.
Since triangles are very common in the 4th Wave, we have to consider that the worst case can be an expanding open triangle (yellow). But I’m not that pessimistic, just wanted to mention.

This is not a 30 pips trade this can be trade in the thousands range in a few months
บันทึกช่วยจำ
pattern recognition
สแนปชอต
สแนปชอต
imgur.com/a/6Nxau
Economic CycleseconomyTriangle

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