FX:EURUSD   Euro / U.S. Dollar
1487 11 16
Overall I see the Inverted Head and Shoulders Pattern failing. I do however see the vertical ascending broadening wedge rising to 1.337. For 2013 I'm pricing a double bottom and a W recovery to continue throughout 2014.
this prediction is based on what...?
based on my eyes
It is breaked 1.34698.
Maybe will break 1.35050?
What is your opinion?
very close so far
do you think the same ?
Yep. These gaps will close. Average Time to Close the Gaps (bull market)

Closing the gap means price rises/declines to fill the gap, covering the opening. See the chart near the top of this page for an example of a closed gap.

Trading Tactic Explanation
Area, common or pattern gaps 3 days for both breakout directions
Breakaway gaps 136 days for upward breakouts, 168 days for downward breakouts.
Continuation, measuring, or runaway gaps 98 days for upward breakouts, 77 days for downward breakouts.
Exhaustion gaps 9 days for upward breakouts, 14 days for downward breakouts. http://thepatternsite.com/gaps.html
do you still believe @ this scenario?
JR Do you still believe @ this scenario?
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