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EUR/USD - Ascending and Descending Triangles - 15 Years

Please share any observations which can lead to a surer or bigger market movement. Sometimes there are signs for a possible major move but we may miss to notice those. This sub-forum is for such signs. Please contribute to bring up the best.
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EUR/USD - Ascending and Descending Triangles - 15 Years

Postby Himanshu » Mon Sep 28, 2015 10:04 pm

Well, we will be short on words as pictures tend to say more than the words; though silently. So here we go:

The first chart is a weekly one:
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And let's see the monthly one spanning past 15 tears:

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Further decline is expected as we mentioned in a detailed post under the blog section. You may please check that at

http://www.forexabode.com/forexblog/forex-fundamentals-and-news/forex-analysis/chart-alert/15-years-of-eurusd-in-a-nut-shell-expect-further-decline/

Let's try to get those pips before we can say cheers :)
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Himanshu
 
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