Sideway Trend EUR/USD – Resistance TA
March 3, 2010 by Orhan H.
Filed under Technical Analysis
Lets do some simple technical analysis for EUR/USD. As you can see we have two clear sideway trend, there are two resistance trendlines too. If you searching for trade setup check my TA at image above. It’s excellent win lose ratio you can lose 20-30 pips if price hit your stop or you can take 50-100 pips if price follow trendlines and sideway trend. Desision is yours.
Good luck!
Edit:
It seems sideway is confirmed, I’ve take some pips, TP is hit. One of my facebook friend know that 
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Check out what others are saying about this post...[...] few days ago I mentioned that sideway is evident, just look at the chart above. In the next few sentences I will try to explain how to [...]