jdemunter
Long

Eur/Usd : Bullish triangle

FX:EURUSD   Euro Fx/U.S. Dollar
The euro             fell deeper than I expected as the latest corrective wave transformed into a bigger one. I made small adjustments to the count but the idea stays the same for now. Only a break below 1.0516 will change the count even more. The reasons that I believe this is still a bullish triangle is that price is still in the range from early 2015 and wave C is the biggest wave in time, which is common for triangles. Wait for a break of 1.0657 for at least short term bullish confirmation.
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