It appears my plan with EURUSD is going accordingly. I love finding and then trading wedge pattern breakouts. Most of the time they are black and white.
In my last post I shed some light on the forming wedge. I actually took a short position off the trend line bounce (a risky one to say the least) and it worked out well for me. I caught a good portion of the move down. Now I firmly believe she is going to bounce off support of 1.0810 area and break out long.
Wait for the break out and retest and remember risk management.
In my last post I shed some light on the forming wedge. I actually took a short position off the trend line bounce (a risky one to say the least) and it worked out well for me. I caught a good portion of the move down. Now I firmly believe she is going to bounce off support of 1.0810 area and break out long.
Wait for the break out and retest and remember risk management.