FX-PHOENIX

EU MONTHLY TIME FRAME

FX:EURUSD   Euro / USA-dollar
The blue path represents my views on Eur/Usd on the monthly time frame and to top that up i've decided to draw a pattern that is descending in nature that is represented by the yellow trend lines to support my analysis, so we can still capitalize on the ranging market that is seen on the monthly time frame if we go deeper into the lower time frames but the biggest impulsive move to the upside that will be determined by the completion of the descending channel is not to be missed...PATIENCE... is key
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