TradingView
DeGRAM
Mar 6, 2023 8:51 AM

DeGRAM | EURUSD triangle formation Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD is in the ascending channel and approaching major dynamic resistance.

The market is basically printing in a triangle pattern.

There is a kill zone for shorting the market resistance (dynamic as well) and fibo cluster.

We anticipate a further triangle formation until the price breaks it out.


-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!
Comments
Leo-btm
Nice observation, I'm studying the same idea for a short position
ProjectSyndicate
noted and thank you for the detailed update
FOREXN1
Totally Agree ,we have also SHared a SHORYT Setup in EUR/USD
TradingShot
Do you think will there be any strong action this week considering the upcoming news?
LegionQ8
that would be great entry point, thanks
basictradingtv
awesome work as always!
DeGRAM
Good luck in the markets and have a great trading week!
More