thillygoosth
Short

EUR/USD follow up smaller time frame

FX:EURUSD   Euro / US-Dollar
The sell sentry should have been at that flag at the 124.00 level... We do have a flat pattern in which "C" is a choppy diagonal. I would like to see EU do what NU did which was make a correction to give a setup, but it may not until it goes further. It is about to test yesterday's low and pitchfork , we may get a break and extension to the 27 percent. The problem is we are at the low of a Flat pattern. Trading flats are not the highest probability trades.... With that said, we may be on the way down. Look at my NU entry and see what I mean about what I would prefer for entry. If you entered now you would just have to set your stop above 124 and run the risk. I will explain it in my weekly outlook that I will do.
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