The EURUSD made a big move to the upside following Trumps remarks. Maybe a sign of things to come? The move reinforced a flag pattern. The Bullish move is pretty strong. I won't try to fade this pair unless it continues sideways inside the flag, then begins to drop, and/or there is a clear sign of reversal.
I am waiting for a break above resistance. I'll let it break above, then pullback to retest resistance (i.e. former support), then enter long. There is a lot of room to run above the flag.
Go Team Trump!
I am waiting for a break above resistance. I'll let it break above, then pullback to retest resistance (i.e. former support), then enter long. There is a lot of room to run above the flag.
Go Team Trump!
