To end 2013 and start off 2014, we wanted to do something different, and instead of doing a typical weekly chart analysis, we are going to give an in-depth price action and separate ichimoku trading analysis. We feel the combination of their perspectives will give you a unique outlook for the upcoming year.
We will do one pair per day every day this week, starting with our price action models on the EURUSD.
Price Action Outlook for 2014
For the last 8 years, the Euro has been stuck in a large triangle pattern, touching the top and bottom of the pattern 3x each. You will notice at A, that the pair formed a weekly pin bar rejection off this …... Keep reading