Wednesday, December 27, 2017

EUR/USD forms “Continuation Diamond (Bullish)” pattern for the period of up to 2 weeks

Opportunity recognized Dec 19, 2017 for the period of up to 2 weeks 03:33:07 GMT
With      +405 PIPS TARGET
We found a pattern called Continuation Diamond (Bullish) on 2017 Dec 19 at 21:00 GMT on a 4 hour chart, providing a target price for up to 2 weeks in the range of 1.22000 to 1.23000.

On 2017 Dec 26 at 01:00 GMT, the 4-bar Moving Average crossed above the 9-bar MA which crossed above the 18-bar MA, signaling a new uptrend has been established.

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