We have been waiting and trading this currency pair since the beginning of the week. Patter where showing us a buy opportunity which we had however we never quite finished the original rectangular formation and its 170+ pips. At present as of 13.05 at 7am UK time I am still waiting for a breakout from this wedge pattern and a continuation for a buy opportunity. Convergence is on our side too, we just need few big boy sending the signal to the rest of the investors. Today I will be paying close attention to this pair as the weekend is near and most of you will want to other take profit or get out of this trade. If you will decide to come out remember that you can always get back in after the weekend once the market reopen.


 

Take My Trades, Forex signal service and education is provided for the purpose of learning about the Forex market. It does not aim to guarantee that you will be a successful trader overnight, this is a process that takes time and commitment, learning the fundamentals and technicality of the financial market. This service shows how a successful trader reviews the trends and signals of the market and takes trades based on fundamental trading rules. Take My Trades is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the currencies or other instruments featured on this website. You understand and acknowledge that there is a very high degree of risk involved in currencies and other leveraged financial instruments. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results.

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