Hi!
Price is currently sitting right at the lower boundary of the triangle, showing compression and weakening momentum.
Price is compressing at the bottom of the triangle. A breakout above the top line would likely send the price up to retest the main descending trendline, where stronger resistance sits.
If instead the level fails and price breaks down from the lower boundary, it would confirm bearish continuation toward the 1.80 support zone.
Price is currently sitting right at the lower boundary of the triangle, showing compression and weakening momentum.
Price is compressing at the bottom of the triangle. A breakout above the top line would likely send the price up to retest the main descending trendline, where stronger resistance sits.
If instead the level fails and price breaks down from the lower boundary, it would confirm bearish continuation toward the 1.80 support zone.
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🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
🟢 ADX & DFM channel: t.me/ADXandDFM
🔴 Tiktok: tiktok.com/@melikatrader94?is_from_webapp=1&sender_device=pc
🔴 Forex channel: t.me/melikatrader94GoldForex
🟢 ADX & DFM channel: t.me/ADXandDFM
🔴 Tiktok: tiktok.com/@melikatrader94?is_from_webapp=1&sender_device=pc
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.