Trade indices Online
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

Respected Trend Lines Mark The Edge Of Contracting Triangles

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The EUR/USD showed a bearish bounce at the resistance trend line (orange) of the larger contracting triangle, which has been marked as multiple corrective waves. The EUR/USD also bounced at the support trend line (green), which could be part of an ABC (blue). A break below the support trend line[​IMG]

    Continue reading...

Share This Page

Trade indices Online