DislikedEA, strong bearish break of trendline is bearish further, the question is can we catch it if NFP triggers it, probably pending is best: http://prntscr.com/2i2b3t EU, same story as EA. http://prntscr.com/2i2bjn And here is most anticipated trade for me, chances of break down of trendline are not that good becouse GBP is still in up drive mode, but if it happens its good one. Good reward, i will be selling ahead with pendings on all possible levels there. Planning 100% acc increase (over 1 week) if break happens. http://prntscr.com/2i2btc...Ignored
Exactly my sentiment: when EU breaks down that line, why should it reverse in the 3520 to 3470 area, to test the former high?
Maybe more probable to test the broken line.
Well, OK, we eventually have to deal with a fake-break.......