EURUSD in consolidation phase. wait for breakout

After bullish mode for 17 days, bull resting and market sideways, evident by key levels top and below
i rather wait for breakout rather than guessing where to go next.
Whichever bull/bear, i follow and ride along.


for now.. i wait. like gargoyle.

Kommentera:

In 2H chart, there are HNS chart pattern. I take short once CS break and close under Neckline.

Kommentera:

Failed Head and Shoulder pattern, is simply a continuation pattern.

SL with additional protection is below previous resistance breakout.

Strategy: long.

Risk, 2%~3%.