Get Currencies, Metals and Commodities Trade Signals, Analysis, Recommendations, Key Levels, Fund management, Broker Recommendation.
Thursday, May 1, 2014
EURUSD BREAKS OUT OF DESCENDING TRENDLINE
EURUSD has broken out from its upper trendline which had been containing the pair and preventing it from moving further long, however, this was expected since price had given off a bullish hidden divergence on its wake. The way now seems clear for price to retest previous highs and possibly setting new ones. The trade room had gone long based on the cup and handle trade setup that was discussed April 24th.
Take advantage of my promotional 50% price Slash to enroll for my Price Action Course or a free Subscription to my Trade Room or Mentor Programme to experience the simplicity of trading Price Action with me.
Labels:
EURUSD
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment