Z3 Freedom Traders

EURUSD blasted through target & more…

by ejcruiser on Sep.22, 2010, under Trade Setup/Market Overview

On 9/19, I posted that EURUSD was eyeing up at the 1.3300 level. On 9/22 at the US session, EURUSD broke through 1.3300 plus 100 more, and left a new market footprint high at 1.3400 area. See screenshot below.

From that level, it has started it’s descend, initially as pullback, followed by partial retracement. Our Z3 BMS AstroSwing Forecast has already given us indication of a possible major retracement as early as tomorrow with a potential continuation to a full reversal next week, the latest early next month. Once again, this is a forecast and we will validate this with our full Z3 system; so trade your chart accordingly and trade well – go with the FLOW. An initial medium risk short has already been taken with tight stop.

ENJOY!


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