EURUSD : 'Trendline'

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EURUSD : 'Trendline'EUR/USDOANDA:EURUSDi_am_siew'Trendline' does exist in a harmonic pattern. It starts with an A and ends with a D. When D is below A, it is a bearish trend. What we see is in hindsight. When price reaches the D, it is akin to the price touching the 'trendline'. So we wait for a reaction and see what happens. The Yellow pattern is interesting. Now that we have the 'd' above the 'a' for the first time, when price moves above the 'd', it means price is beginning to turn Bullish. But whether this 'small' bullish signal can beat the bigger bearish trend is still to be seen, which is why an SL is necessary in ALL trades. Good luck.