reneordosgoitia

THE CORRECTIVE PATTERN, IS A CONTRACTING TRIANGLE?

FX:EURUSD   Euro / U.S. Dollar
11
At the beginning it used to look like a zigzag pattern, but with the new high, the pattern seems to start changing to a contracting pattern. So, it can tell us, that the structure is going to be respected.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.