Chain Link

17 days ago I said "Chain Link fit to Explode" and here we are BOOM!

As I mentioned we broke out of this descending wave right about when we lost roughly 50% of the initial gains. This is basic, predictable and easy to trade on. I believe we are going to a new ATH by mid to late November. I personally have been trading this against the USD over and over throughout the course of this up and down pattern and I have made 7-10 percent on each trade. Now I am holding for a new ATH. Yes I think we will see ups and downs between now and then, but each down will be a new higher low from this point on. If you see a Close with a lower low, you know the upward trend came to an early stop for some reason.

I am not a financial advisor, this is not financial advice, just some guy with experience sharing his personal opinion. Invest at your own risk.