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YProsper
Sep 16, 2015 2:09 PM

EURUSD UPSIDE Long

EURO / U.S. DOLLARICE

Description

Following my previous post outlining the downside potential this is the upside potential, which is an AB=CD pattern completion. This direction is favoured but requires a few confirmations such as the clean break we are currently experiencing.

A close on the 1HR TF above the Descending Channel and previous Neckline Resistance will warrant a long trade to D extension.

Trading is about laying out both scenarios and still having complete faith in the uncertain outcome of your idea.
When you find confluence trade with confidence ;)

Just look for confluences and TradeEm'

Good Luck.
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