THE MARKET IS CURRENTLY IN AN UP TREND. THERE'S BEEN A CONSOLIDATION THAT RESULTED IN A FLAG PATTERN FORMATION AND A VALID SWING POINT. I AM ANTICIPATING A BULLISH BREAKOUT OF THE FLAG PATTERN AS PRICE HAS RETRACED TO THE 0.618 OF THE PREVIOUS IMPULSE LEG FOLLOWED BY A BULLISH CANDLE FORMATION.
ALSO WITH THE AID OF FUNDAMENTALS BELOW I GOT MORE CONFLUENCE.
United States-
GDP YoY 2.3%
Interest rate 1.25%
Switzerland
GDP YoY 0.30%
Interest rate -0.75%
THUS A I WENT FOR AN AGGRESSIVE ENTRY.
ALSO WITH THE AID OF FUNDAMENTALS BELOW I GOT MORE CONFLUENCE.
United States-
GDP YoY 2.3%
Interest rate 1.25%
Switzerland
GDP YoY 0.30%
Interest rate -0.75%
THUS A I WENT FOR AN AGGRESSIVE ENTRY.