anthony.pham00

All Currency Pairs -Consolidation Leads to Expansion

FX_IDC:EURUSD   Euro / U.S. Dollar
47 0 4
Hi All,
Expecting a major move in the short term (don't know when exactly but its close). All pairs have been in a period of consolidation.

Multiple patterns setting up since my last update. Until the market gives me a reason, then I cannot tell where this can go. However it will do one of the following:

1. A breakout to the upside, followed by a retest of structure then a push up.
2. Price breaking down below structure and a continuation to the downside.
3. Price breaking down below structure, putting in a reversal pattern before recovering for a move up.

Either way, most currencies are in some form of consolidation or wedge pattern.
Consolidation always leads to expansion...we'll find out soon.

If the market does this, then I will do that. Which ever way to market goes, it does not matter because we will know where to might look to go before reversing in our favor.

CHeers
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out