chessnut
Short

EURUSD is this an Elliot Wave triangle forming pre NFP?

FX:EURUSD   Euro Fx/U.S. Dollar
91 5 9
With down on the cards for EU from almost any EW perspective this potential triangle is in good form. How it behaves from here on all time frames will be of great interest.
Hi Chessnut, I agree though I'm thinking this is a B-wave triangle of wave 2 of 3, still learning EW but my five penths worth.
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chessnut Welshman99
I think I get what you're saying. could be although that would imply USD weakness on breakup. I think more likely this is Y or Z of a combination.
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Sorry, tried to insert my chart but it didn't like the url for some reason
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OK , it would imply short-term weakness until completion of C (post triangle) then sell off in W5. You're probably correct though, I'm still ploughing through EW stuff and hoped the fog was clearing:) I'll watch with interest. Thanks for your help and your published charts, appreciated.
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Finally sorted entering chart image....
snapshot
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