1. Hello Guest Click here to check FX Binary Point Financial Directory

GU Bear Flag, EU Triangle, And UJ Bull Flag

Discussion in 'Technical Analysis' started by Kaitlin, Nov 13, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The EUR/USD is showing a contracting triangle formation (orange/green). A break below support could see price fall towards 1 of 2 Fibonacci targets. A break above the 50% Fib of wave 4 invalidates the current wave 4-5 (brown) development.[​IMG]

    Continue reading...

Share This Page