I am currently short the Euro following a plan I published previously.
But this repetition of configuration worries me.
If we do have here a bullish triangle again
then on break up. we do have to aim for the 1.618 Fib....AGAIN
What do you think ?
I publish a few days ago chart A : a Bullish 4H Andrew Pitchfork formation with a break of the Hagopian line.. Quickly invalidated unfortunately
But... Chart B shows also a Bearish Andrew Pitchfork formation on a daily chart still running strong .
Chart C shows a Fib analysis supporting a Bullish approach.....but
Chart D Shows another Fib analysis...