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Suthmo

eur/usd Reverse symmetrical Triangle Breakout

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
Suthmo Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Chart Patterns Technical Indicators Wave Analysis Technical Analysis elliottwaveretracement
1
0
chartpattern indicator waveanalysis technicalanalysis elliottwaveretracement
Eur/usd needs to re dip the lower trend line, forming a termination leading to break out north.
Comment:
It's not a reverse symmetrical expanding triangle, it just barely manages to qualify as a contracting triangle with 1 pip difference of AB to CD.
Comment:
Reversal target raised slightly to 1336
Comment:
possible spike up and sell on 1.13977

Related Ideas

Suthmo
Eur/usd sell 13997 buy 1340
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