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BluetonaFX

EURUSD Breakout Opportunity

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
BluetonaFX  
OANDA:EURUSD   Euro / U.S. Dollar
Support and Resistance Trend Lines Triangle EURUSD Forex breakouttrading breakoutsignal forexsignals chartpatterntrading trianglebreak priceactionanalysis fx
3
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supportandresistance trendline triangle eurusd forex breakouttrading breakoutsignal forexsignals chartpatterntrading trianglebreak priceactionanalysis fx
Hi Traders!

EURUSD is in a descending triangle, and there is a possibility of a break below the trendline support.

Here are the details:

The market is trending down with swings of lower highs and lower lows following the break and close below the 20 EMA. Our idea is to sell rallies, looking for a break below the support trendline at 1.07237.

Preferred Direction: Sell

Technical Indicators: 20 EMA

Please make sure to click on the like/boost button 🚀 as your support greatly helps.

Trade safely and responsibly.

BluetonaFX
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