Loading ...P&F cycle analysis for Swiss Franc
To add to Northstar’s CHFUSD analysis… here is a view from a time reduced, price isolated analysis.
Had to invert USDCHF to get the CHFUSD “look”, as that was the only data I had going back to 70’s.
Major cycle seems to have just been set… a close above that trend line would be sweet!
Patrick, IMO the Swiss Franc’s major cycle low has yet to occur.
(Your current ‘major cycle low’ is skewed left and pointing to a green up-column. It needs to wait for a red down-column low.)
… And it will not be good for the gold market when that down-column breaks the long-term trendline, in forming the major cycle low.
Yep, missing another column of o’s… I could also play with the P&F settings and make it “fit”… just another view to add to weight of evidence (and evidently this view is not complete yet).