As I expected in the previous post, it was a beartrap as you can see here. Today, the beartrap is valid when the price breakout the falling wedges pattern on 4 hour timeframe.
Then EURUSD soared over 200 pips in a matter of minutes, reaching levels above 1.3500 after 6 major central banks announced coordinated action to address pressures in global money markets. The Fed, BOC, BOE, BoJ, ECB and the SNB announced they will lower prices on Dollar-swap deals by 50bp and extend agreements until early 2013.
I banked 195 pips from this entry and will looks for another buy entry.
Bear in mind, the Monday gap is still not closed on EURUSD and GBPUSD as well.
Wish you have a green trade too.