We can make the best of both worlds with this long, short position on the EUR/USD. The first step is to take advantage of the European bank holiday today and the reduced volatility in the down trend by estimating a pull back to fib levels and previous support/resistance levels; this paves the way for our short term buy trade. We are then looking at the bigger fundamental picture with the longer term sell after the pull back. Look at the weekly and daily time frames for confirmation of the bearish price action. Want to know more about Price action and candlestick patterns then come and join me for a free webinar on Sunday evening. All attendees will get free access to the online company briefing on Monday morning where we will discuss trades for the coming day/week webinar.getresponse....andle-stick-patterns look forward to seeing you there
