Symmetrical triangle, a continuation pattern. Short

AUSTRALIAN DOLLAR / NEW ZEALAND DOLLARICE

Description

⋅ Jun 26, 2017 4:23 PM

.On the weekly, chart there's a symmetrical triangle, and it's in a downtrend.
It has 6 touches, 3 on either side.
If it goes to plan, the pair should fall lower and break out,
as this is a continuation pattern and not a reversal.

Comment

⋅ Nov 1, 2017 11:43 AM

100% wrong