Klcope4

Klcope4

FOMC went as expected to complete the last shoulder of the head and shoulder pattern (check previous post for details). Rate hike caused spike in EU, now awaiting confirmation for sell. Expecting price to continue downtrend to 1.16-1.14 price zone. Use proper risk management, and trade at your own risk.

Klcope4 Updated 

Expecting usual EOY rate hike. Looking for bullish spike, then euro to continue downtrend.

Klcope4

Trade at your own risk. Expecting rate hike, which should continue euro downtrend.

Klcope4

Double head and shoulders shown clearly on daily timeframe.

Klcope4

Pending double head and shoulders patten forming.