EURO WEDGE PATTEN BREAKOUT IDEA
Good Day Traders.....
HERE'S A EURUSD LONG IDEA ON A POSSIBLE BREAKOUT OF THE WEGDE PATTEN
THE EURO HAS BEEN RANGING FOR A COUPLE OF WEEKS CONTRACTING INTO A WEDGE PATTEN WHICH PROBABLY WE ARE MORE THAN LIKELY TO SEE HIGHER VOLITITLITY IN THE PAIR.
HOPEFULLY THE EURO IS BUILDING TO RUN HIGHER
IF WE SEE A BREAKOUT AND TRADE ABOVE WILL MEAN MOMENTUM TOWARDS HIGHER LEVEL
BREAKDOWN BELOW OPPOSITE
BUT WE ARE MORE THAN LIKELY TO SEE A RISE IN THEW PAIR IN THE COMIGN DAYS ...
LOOKING FOR A BREAKOUT TO THE UPSIDE AND POSSIBLE ENTRIES ON THE RETEST
RISK MANAGEMENT
HERE'S A EURUSD LONG IDEA ON A POSSIBLE BREAKOUT OF THE WEGDE PATTEN
THE EURO HAS BEEN RANGING FOR A COUPLE OF WEEKS CONTRACTING INTO A WEDGE PATTEN WHICH PROBABLY WE ARE MORE THAN LIKELY TO SEE HIGHER VOLITITLITY IN THE PAIR.
HOPEFULLY THE EURO IS BUILDING TO RUN HIGHER
IF WE SEE A BREAKOUT AND TRADE ABOVE WILL MEAN MOMENTUM TOWARDS HIGHER LEVEL
BREAKDOWN BELOW OPPOSITE
BUT WE ARE MORE THAN LIKELY TO SEE A RISE IN THEW PAIR IN THE COMIGN DAYS ...
LOOKING FOR A BREAKOUT TO THE UPSIDE AND POSSIBLE ENTRIES ON THE RETEST
RISK MANAGEMENT
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