Euro Triangle a Possibility

[B]Commentary[/B]: There are a few possibilities right now with the EURUSD but the one that seems most probable is that a triangle is unfolding in wave 4 within the 5 wave advance from the June low at 1.3261. Triangles unfold in 5 waves so is a triangle is forming now, then the EURUSD will find a bottom near term and advance towards the upper resistance line near 1.4700 or so.

[B]Strategy[/B]: Flat

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