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peterdcharlebois
Jan 28, 2016 12:31 AM

EURUSD still making abc's for possible wave 2 or B triangle Long

EURO / U.S. DOLLARICE

Description

The EURUSD has be consolidating for a very long time... When it breaks it will likely be quite dramatic. Up or down is the question. I see it this way for now... but as always the only true confirmation is the breakout itself. The fact that the bottom line of the triangle continues to be respected keeps my bias to the upside. Oh ya... and it looks like the USD INDEX may have put in a top recently too.

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Made a nice move to upper trend-line. Let's see if it breaks or reverses.
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