Greetings.
Let’s take a look at the EUR/GBP.
If you look from early July, it looks like we’re forming a Contracting Triangle (CT) – which you all know by now we refer to as “continuation” triangles.
Once the triangle completes, look for a potential move up to .8850 – .8900 and above.
Good luck with trading.
For 2011:
• +5,327 long term pips
• +1291 pips short term trades
• +50-100 pips per week average on quick trading
To find out more about the C2FX Forex Trade Sheet, visit www.ProPipper.com.
