- Finally, something appears to be working here. But lesson re-learnt, being very careful with pyramiding so as not to get into trouble again.
- Daily chart is most interesting. Huge SHS top (with a double top making the head). Neckline around 0.9080; top at 0.9600, ie downside objective is at 0.8560.
- Surprise surprise, this coincides almost exactly with the previous 4th on the weekly chart, increasing its importance somewhat.
- Under current circumstances, short USD/CHF is almost the same as being long EUR/USD.
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