Sunday, January 15, 2012

EURUSD an Ending Diagonal pattern forming on 4 hour time frame!


We might be close to a bottom on EURUSD. But that is true if our count plays out. There has been persistent positive divergence on EURUSD on many time frames. Its high time they made their presence felt.
If we break below the lower boundary of the falling wedge pattern the down trend may extend. 


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