Hi Everyone,
is it a range break or im seeing things?

No USP,
the markets have been ranging, but there has been no breakout from the range.
What you have shown are support/resistance trendline break-outs.

Keith

Yep, sorry, thats what i ment, S/R breakout... so would you go short there?

Hi USP,
now it's difficult to put my hand on my heart and give an honest answer as i now have the benefit of hindsight. As we have established in the FLA main thead, you are using a different MT4 broker, so our charts do have differences.
With EUR-USD now on the H4 I have



and the support break wasn't enough to tempt me to open a short position. It was only a matter of 2 pips below the support line.

The daily chart shows some action around the bollinger middle band and is giving quite good indication of continuation of the downtrend. The bearish engulfing candle on 4 March following the break of the BMB in particular



It just wasn't a good enough break of support on the H4 for me, but it has moved down 50 pips since - so what do I know

I had a quite different picture on my chart KEIth (as you can see on that screenshot), I didnt take the position, coz the next S level was too close, hoever the signal was relatively strong... the candle closed about 5 minutes after i posted the message. I dont like this pair at the moment... gotta wait and see what happends in next 24 hrs... VAhid is rite when he says , @if not sure, stay away@...