piphunters
Short

EURUSD: Sell breakout

FX:EURUSD   Euro Fx/U.S. Dollar
945 5 24
The pair is breaking out of a triangle corrective structure and a confirmed break is a short term sell opportunity.
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Gix67 PRO
2 months ago
thanks very much, i think we were there also last friday but then all changed in the afternoon.
+1 Reply
piphunters Gix67
2 months ago
yes, upside should be limited due to the weekly structural top.
Reply
mlbo
2 months ago
you may be right with that triangular corrective structure but i still wonder why you do not draw your lines on the real longs and highs of the candles...
Reply
piphunters mlbo
2 months ago
that's subjective I guess, I use it for visual purpose only and disregard what seems not to be substantial to me in terms of the price action
Reply
JosephCarson
2 months ago
Will be interesting to see how the trend line from the end of 2015 holds, reacts...
Reply
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