Descending boradening pattern (Bullish) Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Aug 15, 2013 9:55 PM

EUR/USD has made a large broadening expanded pattern which leads to a bullish breakout either towards the mid level of the pattern or the start of it. In this case 1.3900 would be a key target area.

Trade closed: target reached

⋅ Sep 24, 2017 10:52 PM

Price hit projected target 1.3900