Elogos

2014/05/14 (Wednesday) Price Action

FX:EURUSD   Euro Fx/U.S. Dollar
51 0 0
An inside bar today signifies profit taking from the previous movement.
==============================================================
Looking for long opportunities since the long term trend is still upward.
If we see a false break down finishing in a nice pin tomorrow it will be a very strong long indication.
However if people treat this as an continuation bar tomorrow then we might see further movement down to the next support level taking the first steps toward setting a new trend.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out