Let's Take a look of the weekly eur chart.
This week, the bullish candle breaks
a long term down trend line
all the way from 1.39
and 1.1465 horizontal resistance is now also
broken.
Until now, the candle is forming marubozu
which is very strong bullish sign.
For anyone who want to short, please be careful
with the marubozu.
Where will Euro Go?
Look the 1.272 ext and the long wick
1.1736 is the key level.
Last Week I published a chart for a BAT pattern
I have put my stop loss at 1.1740.
This week, the bullish candle breaks
a long term down trend line
all the way from 1.39
and 1.1465 horizontal resistance is now also
broken.
Until now, the candle is forming marubozu
which is very strong bullish sign.
For anyone who want to short, please be careful
with the marubozu.
Where will Euro Go?
Look the 1.272 ext and the long wick
1.1736 is the key level.
Last Week I published a chart for a BAT pattern
I have put my stop loss at 1.1740.