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
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t.me/bluetonaFX
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
JOIN OUR FREE TELEGRAM CHANNEL
t.me/bluetonaFX
t.me/bluetonaFX
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.