NeoDaNomad

EUR/USD progress...Bearish Signal

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OANDA:EURUSD   Euro / Dolar A.S.
Rising Wedge Broken!
So far price has fallen out of this pattern, let's wait for the retest and see where price goes!
Komen:
created successive lows, bulls have 10 minutes to get this back, or we could be free-falling
Komen:
Lower low, Lower close on 15 minute...not looking good for the bulls today
Komen:
Yet another lower close...how much lower will price go today? We're now close to the bottom of the consolidation zone! Could we be in for a bullish surge going into lunch?
Komen:
Consolidation zone has been respected...might be the start of an upturn. Waiting for confirmation
Komen:
structure broken, retracement confirmed
Komen:
End of day!, and price did recover 20 pips, but couldn't break out the lowest quadrant of the consolidation zone. Maybe that can happen over night.
Penafian

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