FOREX PRO WEEKLY May 26-30, 2014

[cosmos]

I, too, have been watching this possible 3-drive buy for over a week, on a daily chart, however, which would put the target at 1.3733. Unlikely at this point with such a perfect looking double top.

 

[Videep]

All eyes on Draghi next week lol. Till then I guess EURUSD could continue this way meandering downwards. Overall May has been a pretty interesting month as expected!

 

[Brett Reynolds]

Excellent..my Master. ;-) I was stopped out on the Ozzie at .9310 overnight thinking that .93 was new Resistence. I did not see 3-drive or see double bottom either. Trend line is also good spot! Price is still @ .9310 now...so I may take short set up to .9340...as I am also long on euro as per Lolly 3-drive buy set-up. Big shorts next week..if targets reached today!?

 

[minimax]

gbpnzd

I find this set up very attractive...especially if this is wave B of Flat as DZZ..

Good trading!