First of All, Happy New Year 2017 to all of traders in the world.
Finally back again to trading environment and business.
Right now my eyes goes to EURUSD again after several months. Chart Below:
In September 2016 after some analysis, i predicted that EURUSD will go down and my entry was advanced pattern strategy (you can check in my historical analysis).
Now i think EURUSD have less supply. so this time around i’m looking for buy trade setup in the long term. maybe tooks several months again. this chart can go down a bit more, but i’m still looking an opportunity to buy for long term trade
So now is in the wedges pattern, and i will using breakout strategy to enter this trade.
No breakout to the upside, no trade for me. Anyway this is my analysis so please feel free to use your own strategy.
Good Luck and Trade Wisely