I usually post 1h charts but I think this weekly chart is very helpful to every FX trader.
EURUSD is in consolidation since last May in the 1.155–1.18 area. This situation is the prelude of a breakout and a big impulsive move coming in the second part of 2018 and possibly 2019.
The indicators are currently looking good but we need to wait and see the breakout, either up or down.
Are you of the same opinion? Feel free to share your feedback below.
EURUSD is in consolidation since last May in the 1.155–1.18 area. This situation is the prelude of a breakout and a big impulsive move coming in the second part of 2018 and possibly 2019.
The indicators are currently looking good but we need to wait and see the breakout, either up or down.
Are you of the same opinion? Feel free to share your feedback below.
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Moving as anticipated
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📈 MINIMALIST TRADING INDICATORS
💚 1-Week FREE Trial: minimalisttrading.com
❤️ Trading videos (YouTube): bit.ly/MT-Channel
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