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DelorenFX
Jun 11, 2018 3:26 PM

EurUsd Breather 

Euro Fx/U.S. DollarFXCM

Description

Multiple patterns can be seen again, each incomplete. A break of 1.1700 may give a temp' short option.
A break of 1.18000 may give us the option to long if either has conviction. However it is not yet clear, so the direction to take would be to wait.

Sometimes the best action to take is the one you do not. Of course, there are strategies to win in either case while you
sleep. The risk is up to the individual.
Comments
DelorenFX
And so this is why we wait. A break of 17.000 was very fast, on the lower time frames. A small correction approaching 17.000 may offer and short opportunity.
Shorters may hold or wait for another entry.
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