Thursday, February 4, 2016

Euro Currency Futures Day Trading Strategy Review - Selling the 2S Wedge Breakout Failure

Euro 1597V
The Euro had a great run up but ended with a profit taking rally lower into a wedge formation.

This Wedge Pattern broke higher at first looking VERY bullish but the sellers quickly shut the move down on the 2S.

Overall this gave a move lower for 10, 18, and 51 ticks back to the low side targets!

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