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Balazs
Apr 28, 2016 7:39 PM

Test your Patience with this Ulta-Long-Term trade Short

Euro Fx/U.S. DollarFXCM

Description

We're talking super long-term, monthly chart on EURUSD. Broke below main trend line and consolidating. If passes below consolidation trend line, time for long-term SELL and no looking back!

In the mean time, smaller time frames show additional short-term selling opportunities :)

Comment

Smaller time frame (daily) has potential sell opportunity if breaks lower trend line (see red lines for anticipated movement).

Comment

Comments
waterman
A clear and simple long term analysis ! Good work. Thank you !
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