daStilz

JOURNAL 08 - EURUSD Observation

FX_IDC:EURUSD   EURO / US DOLLAR
31 0 3
The EURUSD             pair continues its bullish rally to finish off the week in a very momentous fashion, subsequently allowing my tp to be reached. If the momentum continues, there could easily be a breakout and consequently avoid the quadruple top. However, a quadruple top and a continuation of the pennant is just as likely. The next few days are going to be very interesting to observe. With a breakout, a big rally in no man's land is possible. Without a breakout, it shows a quadruple top which is in itself, an extremely bearish signal.
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