FXP-Daily-Long term this is a very bullish chart. Here's a fairly low risk set up, long above the green trendline with a stop under the red line-also at the 50-day moving average.
My Crossover Trade Screen, we have 3 signals giving a long signal
Here, intraday you can see a low volume pullback and small base, a breakout above the trendline would be very bullish. Look for volume to increase on any move up.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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