June 23, 2010

EUR/USD Triangle breakout

CLICK ON THE CHARTS TO ENLARGE
HALF HOUR TIME FRAME
DAILY TIME FRAME

  • EUR/USD has given a break out of a triangle in half hour time frame
  • But the sustainability of the breakout is not certain as the trend in daily chart is down.
  • This can be a valid break out only if it manages to close above the ichimoku cloud.

No comments:

Post a Comment