EURUSD Long: A second Entry at Triangle Completion

20 thg 1, 2016

EURUSD is nearing the completion of wave-(e) of a possible contracting triangle that could mark the end of wave-(2) before the three-of-C breakout. Entry at AB=CD inside of wave-(e) is confluent with the completion of a bullish cypher and may act as a catalyst for the bullish impulse. Long term target is placed at A=C. It is possible that another rebound off of the top of the triangle could occur, but we would avoid our SL as price would remain inside of the contracting triangle and the breakout would likely occur soon after.

20 thg 1, 2016

Ghi chú

First bullish entry:

20 thg 1, 2016

Giao dịch đang hoạt động

21 thg 1, 2016

Đóng lệnh: dừng lỗ

ECB announcement calls for a recount