EURUSD: POSSIBLE BUY ZONE THAT WOULD KILL THE 1.145-1.15 CEILING

Euro Fx/U.S. DollarFXCM

Description

⋅ Mar 25, 2016 3:36 PM

An ascedninf triangle was broken to the downside.

Price has since failed to trend down and instead, seems trending up.

But every action still capped by 1.145-1.15 ceiling.

Expecting a pullback buy that wud kill this ceiling.

^_^

Comment

⋅ Apr 5, 2016 8:02 AM

Minimum Target to the upside met.
I have reversed from long to short based on weakness identified in the uptrend

Comments

Tr8dingN3rd

⋅ Mar 30, 2016 7:25 AM

Missed the BZ, but waiting for another entry:

IvanLabrie

⋅ Mar 25, 2016 4:48 PM

Agreed.
There's a weekly time at mode uptrend but EURUSD likes to go for stops before any big move.

IvanLabrie

⋅ Mar 25, 2016 5:19 PM

moorekapital

⋅ Mar 26, 2016 5:50 AM

Very neat chart!