Mennzz
Long

Daily | EURUSD Bull Rally - Sep 17, 2013

FX:EURUSD   Euro / U.S. Dollar
115 3 0
Initial long-term theory for EURUSD             . To around 1.37 by September 27th. The path it may take might not be the same as projected, but I do expect it to unfold within the green hexagon.
The way you have drawn the chart suggesting bullish. But alternatively a resistance line can be drawn on around the 1.34 area and it will have to be broken to reach your green candles!
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Mennzz AncientM
Agreed, that's why I'm imagining a big bullish candle which would pound right through that resistance, although I will be looking out for 1.34. :D
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AncientM Mennzz
I Mennzz

I am trading this pair and as you may know by now that it doesn't looking to go bull since it is going down after the consolidation on the daily chart. You should change the plan I think.
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