fxtrends

EUR/GBP: 4th- Wave of triangle complete

Short
FX:EURGBP   Euro / Sterlina
0
The 4th-wave of a large triangle has either been completed or nears completion. Daily RSI seems to be comfortably in range, indicating room to go before breaking-out. The 5th-wave in triangle patterns often fail to the reach the opposite side of the triangle. The 50% retracement at .7919 should provide an initial cap, while the 61.8% retracement could be where the 5th-wave terminates. The 2 arrows depicted are potential paths that time and price have an influence on.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.