Possible turn around and re-attempt to break out of the recently formed double top. Eur/Usd has been safely bouncing off the bottom of the bullish triangle wave formed. We are currently at point E looking for a reversal and break of the triangle.
Look for bullish price action, and increase in volume when market opens. An entry and tight stop loss is set. Very important resistance area once it re-approaches the 1.172 area.
If broken with ease, look for previous resistance at 1.1745-1.185. If played with the set entry and exit, this is not an intra-day trade.
his is my personal opinion, this is not investment advice, invest at your own risk and good luck trading.
Completed 4:54pm LOS ANGELES.
Look for bullish price action, and increase in volume when market opens. An entry and tight stop loss is set. Very important resistance area once it re-approaches the 1.172 area.
If broken with ease, look for previous resistance at 1.1745-1.185. If played with the set entry and exit, this is not an intra-day trade.
his is my personal opinion, this is not investment advice, invest at your own risk and good luck trading.
Completed 4:54pm LOS ANGELES.