$ Swiss is repeating itself...over and over and over again. Take the three rallies from the 70.85 August 2011 low.
Starting with the first rally from the 70.85 a seemingly complete trend sequence that is consolidated broken retraced and ended...with a consolidation top..then a sharp three legged decline a correction retracing 45.6& of the rally before...
The second rally Swiss national bank inspired rally.. a seemingly complete trend sequence that is consolidated broken retraced and ended...with a consolidation top..then a sharp three legged decline a correction retracing 46.6% of the rally before the third rally...is it different? a seemingly complete trend sequence that is consolidated broken retraced and ended...with a consolidation top..then I should say a sharp three legged decline a correction retracing 45.6 & of the rally but what rally...
To find out what rally and what this could all mean.. then check out the Daily Perspective by my colleague Don Haines on Tuesday on www.marketvisiontv.com
By @EdMatts on www.MarketVisionTV.com
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
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