EUR/USD Making Ascending triangle Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Jan 2, 2023 1:08 PM

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.

Chart Patterns

Comments

JoeChampion

⋅ Jan 3, 2023 1:50 PM

Nailed it!

Gromite76

⋅ Jan 2, 2023 1:27 PM

Aujourd'hui il n'y a pas assez de volume pour affirmer quoi que ce soit, cependant on peut le suggérer ;)