Sideways Correction In EURUSD

FX:EURUSD   Euro / U.S. Dollar
139 7
The Longer Term Trend is Bearish after we broke some of longer term trendlines .

I'm now looking at a bearish setup to get on the longer term trend.
We have a textbook sideways correction forming.
As of now a bullish triangle seems to be taking shape. If so, I'll expect more upside before my short order is filled.

I expect less Reward comparing to the risk, but on the other hand these setups have proved to be having higher probabilities.
Excellent work Davood.
+1 Reply
IvanLabrie IvanLabrie
I placed two sells here, none filled yet. I expect the news during the London session to help with that.
Good luck to both of us.
+1 Reply
DavoodWadi IvanLabrie
Thanks buddy.
DavoodWadi IvanLabrie
My pleasure Ivan.
IvanLabrie DavoodWadi
Very weird price action that being said.
+1 Reply
DavoodWadi IvanLabrie
It comes out with no surprise as my broker is setting restrictions on trading EURO before Grexit talks.
Choppy markets probably ahead.
+1 Reply
IvanLabrie DavoodWadi
I welcome volatility with open arms.
+1 Reply
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