Trade indices Online
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

EURUSD, GBPUSD Break Of Support Lines Verify ABC Zigzags

Discussion in 'Technical Analysis' started by Kaitlin, May 16, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    6,748
    Likes Received:
    0
    The EUR/USD broke below the support trend line (dotted green) and made a bearish breakout. The bullish corrections have been weak so far which makes a wave 4 (orange) likely unless price breaks above the 61.8% Fibonacci level of wave 4 vs 3.[​IMG]

    Continue reading...
     

Share This Page

Trade indices Online