Get started
SharifNaseer

EUR/USD Making Ascending triangle

Short
Euro / U.S. Dollar (FX:EURUSD)  
SharifNaseer  
FX:EURUSD   Euro / U.S. Dollar
Chart Patterns
2
2
chartpattern

Recently, It is observed that the pair EUR/USD is making ascending triangle.
Especially it is observed that all the moving averages which include 50,75,100 and 200 is above the price which suggest that it is downtrend.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.