Descending triangle + reverse H&S at weekly EURUSD, 1.55 target

FX:EURUSD   Euro / U.S. Dollar
158 3 0
Long: 1.33 - 1.34
Stop: 1.31
Target: 1.55
27 of October 2013. Sharp correction awaits us back to 1.34-1.33 levels.
After that a long-term up trend takes place and brings us back to 1.55 level during 2014-2015 years.
I have revised my positions and closed long at 1.3670, also reversed to go short.
Long-term target is still 1.55, but the better purchase will be at 1.34 level after a retracement.
Please follow this link to observe my short:
Got stopped out exactly at 1.3477, re entered at 1.3490 again, setup is still in play.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out