Chart Pattern Review - 48 Hours Later
Two days ago I posted several charts showing some nice chart patterns - indicating to me a
consolidation was ready to breakout and I labeled the post “Pause Before the Storm”
Let’s look at the charts side by side now.
USD-CAD 4 Hour Chart — 300 Pip Triangle Break Out (click to Enlarge)
EUR-USD 30 Min Chart — Over 400 Pip Trend Channel Break (click to Enlarge)
USD-CHF 2 Hour Chart - Triangle Break - 200 Pips (click to Enlarge)
The above charts are great examples of waiting for High Probability setups on multiple pairs
all setting up at the same time.
The Week Ahead - Calendar and Webinars
Summarized Scheduled Economic Calendar - Click Here
*** Attend A Free Live Market Coverage and Technical Analysis Webinars ***
Click Here to Register for this weeks “1st on Forex” The Week Ahead Webinar - Every Monday at 12 Noon EDT -
FOMC Live Webinar Tue December 16 - Click Here to Register
Jerry Furst is an active trader, educator, and Founder of Investors Education Network (IEN), He is a Mentor and Trading Coach to Select Clients Click Here for a Free Self Evaluation Survey.
Related Articles
No user responded in this post