EURUSD looks like an ending diagonal.

FX:EURUSD   Euro / U.S. Dollar
6810 18 201
If this is an ending diagonal then it will break to the up side of this structure. If it breaks out of the structure to the down side and consolidate i will be looking for sell set up.

Trade with care.
Comment: link for the free webinar Tomorrow 27/11/15, 9 am New York time. We will look at Advance patterns. Why they work and why they don't. How understanding wave structure will show you the flaws in advance patterns.
Comment: Today's free webinar
Training : add to skype mangal457
Mr. Anil , any view on GBPUSD? thx in adv
Thanks anil. You are the best..
Hi Guys for all those who missed my webinars you can check them on youtube.The link is above in the update.
+1 Reply
Oooh, I like the U-tube Webinar's recordings Anil.
I'll watch it now.
Thanks , please share it
+1 Reply
This pair has already broke a 3 month low.
Nice analyse Anil...As always....:-)S uvazheniem
This could be a great one!
HI Anil, I've been following you for some time, mostly just for confirmation bias :) .I'm not really into breakout trading myself, but wanted to ask you about it as I may need to include it into my trade style.

On a breakout do you take the trade as soon as the range is broken - so essentially a stop buy or stop sell just outside the range - the trendline or the price level? Or, do you watch the break, then wait for a retrace to enter? If you wait for a retrace, what are you looking for roughly, and on what time frame generally? For example for this 60min trade
+2 Reply
nice *
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