EURUSD - EW Analysis, possible triangle formation

15 jun 2015

This running triangle has good internals and is consistent with the larger wave IV triple or double zig-zag that I published earlier. This could be a fine long opportunity if we build a short term base here. The thrust could be sharp as is characteristic of a triangle thrust. As triangles are terminal moves evidence of a triangle here could mean a sure fire short at 1.15