EURUSD 4H, Decicive triangle breakout.

FX:EURUSD   Euro / U.S. Dollar
EURUSD             is consolidating in triangle formation and there are 2 possibilities to consider.

Trade A - Price have break trough wedge resistance level and may go further to the upside. If so, then there's also possibility for larger correction.
Entry - 1.2488
SL - 1.2443
TP - 1.2562

Trade B - price will break to the downside which means that trend continues. Moving averages (daily 30/50/100) are showing that price is in dynamic area of S&R. Don´t enter before price have gone below heavy support line.
Entry - 1.2345
SL - 1.2399
TP - 1.2247

FX calender has major market moving events today (16.12.2014) for USD and EUR so be ready to act.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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