Since 1972, Euro/Usd has shown the tendency to top every 15 years. From lows to highs, the trend lasted for about 8/10 years. Within this long term bull trends, the market has topped every 3-4 years and bottomed every 2-4 years. The bearish corrections lasted for about 15%/20% from the tops. The bull move lasted for about 30%40% from lows.
LONG TERM TREND TOP TO TOP EVERY 15 YEARS
LONG TERM TREND LOW TO HIGH LASTING FOR 8/10 YEARS
MEDIUM TERM TREND TOP TO TOP EVERY 3-4 YEARS
975-1978, 1987-1991, 1991-1992, 1992-1995, 2005-2008
BOTTOM WITHIN A LONG TERM TREND EVERY 2-4 YEARS
1972-1974, 1985-1989, 1989-1991, 1991-1994, 2001-2005, 2005-2008(?)
BEARISH CORRECTIONS MOVED FOR 20%/15% FROM TOPS
126-102, 135-107, 141-111, 130-116, 160-136(?)
BULL MOVE FROM LOWS TO HIGHS 30%40%
1-86, 68-86, 74-99, 92-116, 56-91, 82-111, 96-135, 103-127, 106-139, 110-146
Tops in 1978-1995-Written by Angelo Airaghi - www.ProfitsOn.com
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