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AlexPayates
Aug 24, 2015 8:02 PM

EURUSD: Shallow retrace and then UP AGAIN possibility Long

Euro Fx/U.S. DollarFXCM

Description

We have divergence confirming the retrace.

ABCD under way and the 38.2 Fib and support have confluence which matches up with the momentum of the leg and heading towards a bearish BAT completion.

I'll be going LONG at B and then looking to sell and D completion of the BAT

I'm clearly very new to this so please do point out any flaws.
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