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MATASII.com
Jun 16, 2015 12:27 PM

EURUSD Cup & Handle Patterns? 

Euro Fx/U.S. DollarFXCM

Description

Multiple contracting Cup & Handle patterns and projected lifts based on the pattern.
These are also occurring inside wedges - smaller red and a larger grey/green.
Breaks of significant technicals offer trigger considerations for the next move, regardless if the pattern holds or fails.
Cross reference this with the USD: USD has potential for significant drop, offering more argument for a lift fulfillment from the Cup & Handle patterns.
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