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InternalTraderNYC
Oct 28, 2013 3:22 AM

Who's scared of the big bad Bear? Short

Euro Fx/U.S. DollarFXCM

Description

Huge expanded triangle pattern on the Euro and expecting the bears to come storming in not only at that upper trend line but the 1.62% fib extension level that sits there as well. Looking for the Euro to get smoked right back down to 1.2900 - 1.2800 levels.

Trade closed: target reached

Target hit at the 1.2900 - 1.2800 level. (Patience was the key in this trade).
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