chessnut

EURUSD - EW Analysis, possible triangle formation

FX:EURUSD   Euro Fx/U.S. Dollar
96 0 4
This running triangle has good internals and is consistent with the larger wave IV triple or double zig-zag that I published earlier. This could be a fine long opportunity if we build a short term base here. The thrust could be sharp as is characteristic of a triangle thrust. As triangles are terminal moves evidence of a triangle here could mean a sure fire short at 1.15
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