The German IFO Business Confidence survey was all it took and the EURUSD surges outside of the consolidation area breaking the range wedge. This now changes the dynamics of the pattern and brings into focus the flat triangle as I feared a few days ago that touch point 4 would not reach the bottom and would dies because of continued STRONG support at the 1.30600 level.
This has now played out and I look to see the EURUSD now move to complete the expanding triange with a move to the 1.38054 level. Looking to some big rallies in the EURUSD short term next week.
Also, as you can see Symphonie told us that this was heading up before the actual break. I hope everyone was able to profit.
Evaluator.:nerd:
This has now played out and I look to see the EURUSD now move to complete the expanding triange with a move to the 1.38054 level. Looking to some big rallies in the EURUSD short term next week.
Also, as you can see Symphonie told us that this was heading up before the actual break. I hope everyone was able to profit.
Evaluator.:nerd: