Hi Traders!
There is a descending triangle opportunity forming on the EURUSD 4H chart. The price action is showing lower highs and lower lows, which shows that the bears are currently driving the market to the downside.
There is support at 1.08354; there was a previous double bottom at this level, so we are looking for a momentum break and a close below this level.
If we get this, we have highlighted the target area on the chart. The target area is 1.08005–1.07925.
Please remember to like, comment, and follow us, as your support greatly helps us.
Thank you for your support.
BluetonaFX
There is a descending triangle opportunity forming on the EURUSD 4H chart. The price action is showing lower highs and lower lows, which shows that the bears are currently driving the market to the downside.
There is support at 1.08354; there was a previous double bottom at this level, so we are looking for a momentum break and a close below this level.
If we get this, we have highlighted the target area on the chart. The target area is 1.08005–1.07925.
Please remember to like, comment, and follow us, as your support greatly helps us.
Thank you for your support.
BluetonaFX
JOIN OUR FREE TELEGRAM CHANNEL
t.me/bluetonaFX
t.me/bluetonaFX
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
JOIN OUR FREE TELEGRAM CHANNEL
t.me/bluetonaFX
t.me/bluetonaFX
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。