ThePipAssassin

ThePipAssassin

As you can see we are at a trend line of the weekly and at a swing point on the daily. We are at a point when the market is going to choose where its going. I will be watching the strength of the dollar as it will tell the future of this pair. I am currently favoring a return to the bottom of the daily, if trend line breaks I will look for a retest of this trend...

ThePipAssassin

As you can see, we created a beautiful head and shoulders pattern, followed buy a bullish wedge. Target around 1.054/1.06 for long sell. Remind you that head and shoulders pattern prevail 80% of the time. I am currently long to targets from 1.046 and will reverse at the 1.054/1.06 levels for a swing trade off the 8 hour. In addition I bought the right shoulder...