Possible short trade on the Swissy

In line with the dollar index I'm expecting a move down in this pair. I would not recommend trying to trade it as it move in a very choppy fashion. (see illustration on the chart) I am only posting this as a matter of interest because it is one of the pairs which make up the Dollar index.

I'll update my analysis as price develops so remember to follow to receive them.

Any one trying to learn Elliott Wave Theory can find a free comprehensive Building Blocks video course on my website see my profile for the link.

You can also follow updates via twitter (link from my TV profile)

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve Nixon

評論:

We might be looking at a short trade set up.