Saturday, July 28, 2012

EUR/USD hit 50% Fibonacci Retracement

EUR/USD Daily Chart - EUR/USD hit 50% Fibonacci Retracement of run down from X to A after forming a Bullish Butterfly Pattern & also a Bullish Engulfing Candlestick Pattern.  See Chart.  Happy Trading!



See Books for Details about Gartley/Butterfly Patterns & more.
Trade What You See, How to Profit from Pattern Recognition - Larry Pesavento & Leslie Jouflas.
Japanese Candlestick Charting Techniques - Steve Nison

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