1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

EURUSD, GBPUSD Triangle Patterns Offer Breakout Zones

Discussion in 'Technical Analysis' started by Kaitlin, Apr 15, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,769
    Likes Received:
    0
    The EUR/USD is building a small triangle (orange and green trend lines). A bullish break could indicate that the larger wave 4 (blue) is still not completed. A bearish break of the triangle could indicate that a larger retracement or even reversal (and completion of wave 4) is taking place.[​IMG]

    Continue reading...
     

Share This Page