TradingView
QuantitativeExhaustion
Nov 20, 2012 12:14 AM

Euro back in black? Long

Euro Fx/U.S. DollarFXCM

Description

Trend has turned. Once bearish now bullish. Not even a Moodys French Government downgrade can put a stop to this momentum. Expect a 1.40+ price tag June-July 2013. Slugish upward movement throughout the rest of 2012.
Comments
JamesG
Excellent H&S
QuantitativeExhaustion
This pattern is going as planned ... however, I feel this is a busted pattern. Will continue to run .. high 1.33 maybe 1.35, and later big move down next year after Jan.

tradingview.com/v/JKeDjFZI/
exploration
Here is a head and shoulders pattern on the weeklytradingview.com/v/mn38Vt39/
QuantitativeExhaustion
Thanks for that update exploration. I agree with the false break out. I'm keepng a careful eye on this trade.
Dopam
Breaking out
exploration
I think that right shoulder will go down more to 1.2460 area before the shoulder becomes complete ..just a rough est.
QuantitativeExhaustion
I found it interesting that the 10-27-2011 peak comes really close to matching the head to neckline retrace. So on this chart where I met the right shoulder to neckline retrace it might be off slightly. As for lower right shoulder, it cold go lower you are right. However, that would more than likely mean a quicker bounce back to the neckline.
StockFxMarket
look nice
CryptoCurrency_Inc.
This is a really old prediction, do not bring this up, it confuses everyone who's new.
VolHunter
Good one
More