mrsanto
Long

EURUSD AB=CD IN PROGRESS?

FX:EURUSD   Euro / U.S. Dollar
84 0 1
Here is our new 4H setup for EURUSD             .
Comment: Be careful, US data + Yellen + Draghi later
Comment: After news and speech price drop lower but we're above 1.12 again.
Pattern is still valid but at risk. let's wait few more hours

Comment: We need at least a candle to close above 1.1240-50 for more upward movement.

Comment: PENDING HOME SALES helped us.
Now wait for this and next candle to close.

Trade closed: stop reached: trade closed. SL and pattern invalidation.
price dropped fast today probably targeting 1.1150
Comment: NOTE
i keep my trades open till 1.1140, since there are still chances of upward movements. below 1.1140 i will edge a little till 1.1115 then i will start to sell.
Comment: UPDATED chart

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