Trilo
Short

Bearish Ascending triangle. EURUSD

FX:EURUSD   Euro / U.S. Dollar
92 4 12
Bearish ascending triangle . Looking for a bearish trend continuation.

Thanks for looking!
Hi, bearish is possible but a breakout of an ascending triangle has more chance to be bullish I think..., at least according to what I have read about it.
Good luck!
Reply
Hi

Thanks for your comment.!! Yes I agree that tends to be the case however it can go both ways. There are bearish and bullish moves after ascending triangles. I expect a bearish move due to the bearish overall trend. I would only look to short it though after a bearish break of this triangle and a retest. It could also break upwards in which case you could look to go long.

Happy trading!!


+1 Reply
Looks like we had a bullish break. :)
Reply
KVE Trilo
We did, it was tradeable too, back down now for some more sideways movement... Expecting a bigger move in the coming days/week though, my view:
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out