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KRSCBOE
Dec 17, 2014 11:37 AM

Bull wedge in the EURO. Long

Euro Fx/U.S. DollarFXCM

Description

Bull wedge with positive RSI divergence. Pretty wild that it looks like the UVXY prior to it's huge breakout.
Comments
justatrader
You're late to the game my friend!!
KarYong
There is a potential pattern forming, but in my opinion, going long on this pair is still considered as a counter trend trade.

Joaoalbuquerque
in my opinion it is possible but not at this moment we dont have a clear formation to the upside or downside... if a trend is in the making to the upside will have to correct further towards 1.2350 at least in order to get a sustainable trend...
vern94
in fact I can see parity coming. Euro dropping to 1.05 / 1.00
vern94
USD is breaking out on a bull run. Can't see any long on this euro chart
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