REGULATED BROKER OFFER

CFTC Regulated. US Based. NADEX. It’s that Simple!

Your capital is at risk.

EURUSD – looking to buy put options – X wave in the makings
Petar Nola
Interested in buying put options still for the eurusd currency pair heading into the Christmas week and the reason for that is the fact that price is correcting with a possible x wave. From the lows on this hourly eurusd chart we do have a falling wedge (which is not necessarily a reversal pattern) but... Read more
[youtube]http://www.youtube.com/watch?v=iHI9QRw7G-8[/youtube] Interested in buying put options still for the eurusd currency pair heading into the Christmas week and the reason for that is the fact that price is correcting with a possible x wave. From the lows on this hourly eurusd chart we do have a falling wedge (which is not necessarily a reversal pattern) but it is a bullish pattern and by the time price broke to the upside there from the 2-4 trendline, a retest was mandatory. The retest came, then based on the better than expected US GDP price turned into a risk on environment and made new highs for the day, actually closing the Friday around the highs of the day. We are still looking to buy put options though, and the reason why and the expiration date is to be found by watching the recording above.
5

EURUSD – looking to buy put options – X wave in the makings

Interested in buying put options still for the eurusd currency pair heading into the Christmas week and the reason for that is the fact that price is correcting with a possible x wave.

From the lows on this hourly eurusd chart we do have a falling wedge (which is not necessarily a reversal pattern) but it is a bullish pattern and by the time price broke to the upside there from the 2-4 trendline, a retest was mandatory.

The retest came, then based on the better than expected US GDP price turned into a risk on environment and made new highs for the day, actually closing the Friday around the highs of the day.

We are still looking to buy put options though, and the reason why and the expiration date is to be found by watching the recording above.

Your capital is at risk
FBO Awards