Home > Commodities and Rates > Repeat Pattern In The Euro? Repeat Pattern In The Euro?

Repeat Pattern In The Euro? Repeat Pattern In The Euro?

Here are two charts comparing descending triangle patterns – The first is from November 2008 and the second is from today. Will the bear trap be sprung the same as it was back in ’08, Or will it lead to another leg lower?…..we will found out soon enough.

Eurusd2008 Eurusd2010

 

Advertisements
Categories: Commodities and Rates
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: