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Euro / U.S. Dollar

Making money strategy for EURUSD next week

By NQunlocked
Idea is based on an old slope ( pitchfork that dates back to 2013-09) please zoom out to see it. What we are witnessing here is "Spring Compression" . After a break of a pitchfork price usually seeks the lower boundry (parallel) of that pitchfork and keeps trending with it. Which means if one defines the parallels to which price can drop, one may always buy and wait for the price to come back to that parallel (blue thick line). Appologies for the lame title :P. Good luck guys

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