Fxprotrader
Short

EURUSD Still Waiting For A Retrace

FX:EURUSD   Euro Fx/U.S. Dollar
In my last post i described i head and shoulders pattern which is no more valid. My view is the same, waiting for EURUSD             to retrace after it's previous rally. This time we have this rising channel in which price is moving. So once again, we should wait for parice to break below the low parallel of the channel, watch for a sell setup and go short.
Comment: Price drops massively. A correction is expected before continue it's sell off
Comment: Another successful setup based on wave patterns.
already in oversold area (stoch) so seems a fakeout for now, waiting for a signal to go long
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SHORT...
snapshot
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Fxprotrader PCTradeKop
Good luck..
+1 Reply
Great call again.
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Thnak you very much..
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