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ingeniusjim

EU Ranging with fractals and false breakouts.

Short
Euro / U.S. Dollar (FOREXCOM:EURUSD)  
ingeniusjim  
FOREXCOM:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
EU is trading within this channel with fractal patterns as noted by the arrows and fake breakouts to the upside and downside and then reentering the range. Expect EU to be short to the trend line and then long again.
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