Decisive Movements For EURUSD Downtrend And GBPUSD Triangle

Discussion in 'Technical Analysis' started by Kaitlin, May 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    6,880
    Likes Received:
    0
    The EUR/USD is building another bear flag chart pattern (orange) within the downtrend channel (red/green). Wave C (blue( corrections are typically equal to the length of wave A so a break below the 100% Fib target increases the likelihood of a potential wave 3 (orange).[​IMG]

    Continue reading...
     

Share This Page

free forex signals