Shorting on EUR/USD when patterns do complete.

8 באוק׳ 2013

Set up two patterns for EUR/USD. If it completes it will go down again especially considering EUR/USD is at a major resistance level. TP1 on 38 level of AB leg. TP2 on 68 level. I will trail it and let it run though after it has hit TP1, move S/L to breakeven and check out this trade. Very possible that it falls all the way to the 1.346 level.