21 Agustus 2015, EUR/USD
Wedge has been formed!
In the previous review we indicated likelihood of the wedge represented by the wave [i] of (iii).
At the moment, with a greater degree of certainty we can say that this model has been fully developed taking the form of a converging triangle.
So in the future we obviously expect a corrective pullback caused by the formation of the wave [ii].
Wedge has been formed!