development pattern (running flat)
Hi guys
I hope you have had a good week
Friends, I consider the possibilities, I do not intend to predict!! Because patterns change in the market according to motivation??
I'm just comparing my view of the chart and what I've learned from the Elliott Wave Principle.
Usually, the flat pattern is known as a development pattern, and its diversity is also effective. If the flat running pattern in Euro to Dollar is correct, we will see a strong bullish market and a bearish market in DXY.
But if the triangle pattern I shared in the previous analysis will continue only to the width of the trend line at the beginning of the market triangle pattern.
Good luck!
I hope you have had a good week
Friends, I consider the possibilities, I do not intend to predict!! Because patterns change in the market according to motivation??
I'm just comparing my view of the chart and what I've learned from the Elliott Wave Principle.
Usually, the flat pattern is known as a development pattern, and its diversity is also effective. If the flat running pattern in Euro to Dollar is correct, we will see a strong bullish market and a bearish market in DXY.
But if the triangle pattern I shared in the previous analysis will continue only to the width of the trend line at the beginning of the market triangle pattern.
Good luck!
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