AndyM
Short

A subdivided triangle in EUR near completion

FX:EURUSD   Euro Fx/U.S. Dollar
259 1 11
The E wave of a triangle in EUR (blue abcde) has subdivided into another triangle (green abcde). These now seem completed or very near completion. We may see another round of even finder subdivisions before FOMC but once the triangle is completed we need to retrace the whole correction taking out 1.0470 and approach the standard measured thrust target for a triangle which in our case is 0.9896.
AndyM PRO
2 months ago
One other possibility is that we hit 1.1550 before reversal completing the E wave in a slighly different way.
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