BruceLevy

EURUSD 1M FORMATION - Major consolidation with harmonics

FX:EURUSD   Euro / U.S. Dollar
46 views
0
46 0
Major consolidation with harmonics resting on top of the daily time-frame trend-line. Bearish warning for declining volume and decreasing momentum as well as eurogroup meeting tomorrow. Liquidate longs on close of D high for technical buying. Also note sequential decline on order-flow charts in effect. Continuation or Reversal is in direction of breakout.

Formula72 Trading Group - Trader Education, Signal Service, Algorithmic Trading, Live Trade Room.
http://www.Formula72.com
http://www.FuturesTradeRoom.com
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out