FOLLOW THROUGH MOMENTUM, COULD TEST JUN 2016 RESISTANCE WITH 1.318 SUPPORT.
This is a consolidation period with a follow through risk and reward ratio in divergence and convergence.
#EURUSD is making moves in benchmark territory with a clear scope on price action.
Heads up @ the 1.14745 mark. Swing trade opportunity.
BULLISH RETRACEMENT AND EXTENSION PATTERN. NEUTRAL
Sharp uptrend bounce with possible follow through (A)(resistance) or trend reversal to the downside (B)(support).
GAP TRADE IN LAST WEEKS STATUS QUO. LONG
Short
Could bounce or could retrace the double bottom pattern.
Set-up indicates a possible breakout and consolidation point as a new support level. LONG POSITION
This pattern is riding the status quo in oversold conditions adding to topside pressure channeling downwards.
Channeling up. Hold long positions.
Eur/usd. Financing SMALL CAP`s helps traders BUY `SHORT` POSITIONS on their STOCKS trades giving a basis for profitable CURRENCY transactions.
