anilmangal

UNDERSTANDING PATTERNS CORRECTLY

anilmangal Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hi Guys, hope you are all having a wonderful time. I would like to show one of the well known patterns in the chart based on EW theory, Expanding flat. Not knowing this pattern and how to correctly recognize may mislead traders draw it incorrectly . It is a continuation pattern as are ALL CORRECTIVE STRUCTURE. I will also post some more of this pattern in the update so they are not mistake for anything else.
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that should read ** not mistaken for anything **

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