EURUSD: Several Potential Setups

FX:EURUSD   Euro / U.S. Dollar
Other than the potential pattern setup, price is currently forming a triangle pattern as well. It has tested the 1.1030 level the fourth time and has yet to break this level. Breakout traders would want to take notice of this level or a possible break down of the lower trend line for a trend continuation trade as well.

Current Sentiment: Bearish

Pending Technical Score (PTS)

Direction with trend: +2
SnR Confluence: 0
Trendline Confluence: 0
Harmonic Confluence: 0

Total: 2/8

Wait for price action confirmation.

I would love to hear your opinion, feel free to comment, agree or disagree.


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