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LeLaf

EURSEK: Descending triangle, forming

Short
Euro / Swedish Krona (FX:EURSEK)  
LeLaf  
FX:EURSEK   Euro / Swedish Krona
Technical Indicators Chart Patterns Trend Analysis
1
0
indicator chartpattern trendanalysis
Descending Triangle
Pros:
Descending volume during formation
Volume increase but no break out yet
RS flat and below 0
ATR flat
R/R ratio above 14
PPS below 50MA and 200MA
200MA descending
250RSI below 50
Cons:

If confirmed:
PT1 = 10.011$
PT2 = 9.721$
PT3 = 9.449$
PT4 = 9.284$
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