Hi friends,
For some time I am shorting the pacific crosses, like the EURAUD and GBPAUD, as investment. But with the prices going up, the picture is getting cleaner and clearer – for long term, we are going UP!
Nothing is moving without cycles, so I am still in the opinion that a great correction is ahead of us. Still can’t point exactly on the level for that to happen, but once it does, soon, 400-1000 pips down should come. After that, say bye bye to these crosses.
That’s how I see the things (Click to enlarge):
I know that now I might sound like a dreamer 🙂
But let’s talk again after the moves happen 😉
Wish you wonderful trading
Yours,
Vladimir Ribakov
