Hello everyone,
EUR/USD just broke the wedge.
I have a few scenarios:
#1 at least, it will make a valid trend line of December 2015 | targets 1.10628 or 1.09706.
#2 it could test the October 2000 trend line again and moves up from that point.
#3 it could break the October 2000 trend line.
If a scenario clearly fits, I will post an update.
May God bless you!
Good luck.
EUR/USD just broke the wedge.
I have a few scenarios:
#1 at least, it will make a valid trend line of December 2015 | targets 1.10628 or 1.09706.
#2 it could test the October 2000 trend line again and moves up from that point.
#3 it could break the October 2000 trend line.
If a scenario clearly fits, I will post an update.
May God bless you!
Good luck.
Trade closed manually
Comment:
Did re-enter at 1.3657. Learned from my mistake; my Stop Loss was not placed well.
Comment:
I have closed this in the morning, because of the 4h. Now, I will wait for 1.13000 or 1.13373 to re-enter short.
Trade active:
It looks short again. I am waiting for the breakout of the flag.
Trade closed: stop reached