While fundamental analysts were drawing a bright future for EUR/USD, “technicians” were predicting a reversal
The old ways are the best ways. There have appeared lots of price/action patterns over the last years and their developers promise huge profits. However, they all need to be thoroughly tested. Unlike those “new arrivals”, such patterns as Three little Indians, 1-2-3 or Ross hooks are time-proven. And they continue showing excellent performance on various time frames and currency pairs. A reversal of the EUR/USD’s uptrend is the best proof of classic price/action patterns’ efficiency.
Let’s remember that the bulls in the main currency...
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