Idea:
The pair is apparently involved in a rising wedge.
Looking at the RSI is a "step" increase and a trend that seems to overflow near December; Taking Fibonacci levels, a zig-zag line (elliot for purists) and this combined apparently coincides with a wedge pattern fits:
---------------------------------------
CHF seasonal trend
CAD seasonal trend
---------------------------------------
this quarter apparently these pairs enter into a seasonal period, where the increases in indices of each other are synchronized.
To break the wedge in the second week of December
Ideas, comments and suggestions:
They are always welcome
annexed:
The pair is apparently involved in a rising wedge.
Looking at the RSI is a "step" increase and a trend that seems to overflow near December; Taking Fibonacci levels, a zig-zag line (elliot for purists) and this combined apparently coincides with a wedge pattern fits:
---------------------------------------
CHF seasonal trend
CAD seasonal trend
---------------------------------------
this quarter apparently these pairs enter into a seasonal period, where the increases in indices of each other are synchronized.
To break the wedge in the second week of December
Ideas, comments and suggestions:
They are always welcome
annexed:
- Imagenes estacionales fuera de tradingview
- CAD seasonal
- JPY seasonal
Komentarz:
meaby Bump and Run Reversal.