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PioTheFx

EURUSD CURRENTLY IN AN INTERESTING LEVEL WITHIN A TRIANGLE

Euro / U.S. Dollar (FX:EURUSD)  
PioTheFx Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Pennant Triangle
2
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trendanalysis pennant triangle
Comment:
Comment:
snapshot
Price has made a triangle just before the resistance level, which it has breached but the current 2Hr candle seems to be attempting the return into the breached channel.
PAY ATTENTION: if the level is succesifully breached and price crosses the Fib level 38 will be the entry provided the other conditions are met, such as the oscilator being in over sold.
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