Cabot101Management

Head and shoulders forming on this !!!!!!

Short
FX:EURUSD   Euro / U.S. Dollar
Break the neck line and off we chop , also its made a lower high so the buyers are trying but losing the battle slowly by not acheiving higher grounds ....

Ive been scaling in on this short as you know for a while now ..

Remember right now the ECB are pumping in loads to inject the eurozone economy, but it still doesn't deter from the fact it devalues the currency and all whilst we have a very weak USD .... so when the USD buyers step in this will be like trying to catch a sharp knife if you dare ....

Key words

JUST BE PATIENT ..........

Comments

I totally agree
Reply
Cabot101Management nicholasguindy
@nicholasguindy, good stuff
Reply
The correlation for this pair and AUDCAD is at .46 at the moment - I currently have this (as a Sell) and AUDCAD (Buy) open. Would you recommend closing one of these due to positive correlation? Thank you!
Reply
@j_911_milion, ( The correlation for this pair and AUDCAD is at .46 at the moment ) you need to elaborate please ?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out