ABCD..E for $EURUSD 29 September 2010

It has been a messy week so far, I just can't see any valuable entry. Probably, I will just take the week off. Anyway, $EURUSD has been notoriously bullish lately, with now, the upside target, I am looking at potentially 1.3770 area which is also the completion of ABCD formation.

The short term market is just getting me confused, so I have been watching bigger time frame for a better, clearer picture. Oh, whatever...

Shoot me a comment if you find the ABCD formation is invalid.

Here is the CHART!

ABCD formation of EURUSD

Comments

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  1. John Adams — Trackback
    ABCD..E for $EURUSD 29 September 2010: It has been a messy week so far, I just can’t see any valuable entr... http://bit.ly/aJLHkA
  2. Gav (Trader Gav) — Trackback
    Here is the ABCD formation seen in $EURUSD Daily. Well...if you are into this stuff. http://bit.ly/ayFtK0
  3. Banker
    I shorted the Euro today, and paid the price!
  4. Iknow
    @banker hahaha patience i guess ? its coming..