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The-Deductionist

EURUSD (The End of Downtrend ?)

Long
Euro / U.S. Dollar (FX:EURUSD)  
The-Deductionist  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
5
0
trendanalysis chartpattern waveanalysis
Considering the two major Fibonacci lines on 1.618% and 61.8%, the end of the downtrend should be here.
Based on NEO Wave analysis, the structure of this downtrend is similar to a Neutral Triangle. However, we should wait for the uptrend to find out.
The Neutral Triangle is an educational guess!
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