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Triangle pattern in 4th wave of the first descending point

Euro / U.S. Dollar (FX:EURUSD)  
ProficientForex  
FX:EURUSD   Euro / U.S. Dollar
Harmonic Patterns Wave Analysis Technical Indicators EURUSD eurusdprediction eurusdforecast eurusdidea eurusdanalysis eurusdsetup pf-marketanalysis eurusdtrade
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harmonicpatterns waveanalysis indicator eurusd eurusdprediction eurusdforecast eurusdidea eurusdanalysis eurusdsetup pf-marketanalysis eurusdtrade
By double-checking the charts of this currency, in the 240-minute time frame, and according to the triple wave structure of the sides, which has been started from the range of 1.2132 and extended up to the range of 1.2155. The scenario of a Triangle pattern is under formation, which is in the 4th wave from the first descending point. By crossing the price from the range of 1.2058, we can get the confirmation for the completion of the first wave from the downtrend.

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