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Paul Koszarny · 14-01-2003, 03:52

EUR/USD was being traded in a very congested area. We have a breakout from a triangle 1.0565-1.0541 which should set the direction for the market until midday at least. At the moment the momentum is bullish and we are breaking higher (above 61.8% of 1.0586-1.0526). Buy signals on BWAO and BWAC (the price was 1.0550 then).
The nearest fractal hour is 12:00-13:00 (res 1.0617 and 1.0665).

14-01-2003, 03:52	#1
Paul Koszarny Super Moderator Join Date: Nov 2002 Posts: 322 Downloads: 0 Uploads: 0 Rep Power: 0	EUR/USD model hours EUR/USD was being traded in a very congested area. We have a breakout from a triangle 1.0565-1.0541 which should set the direction for the market until midday at least. At the moment the momentum is bullish and we are breaking higher (above 61.8% of 1.0586-1.0526). Buy signals on BWAO and BWAC (the price was 1.0550 then). The nearest fractal hour is 12:00-13:00 (res 1.0617 and 1.0665).