Strateg_

the euro fulfills a triangle

Long
FX:EURUSD   Euro / U.S. Dollar
The euro approached the lower boundary of the channel and its breakdown turned out to be false. Further developments will of course be tied to the volatile news, which this week is enough. But at the moment it can be said that an unsuccessful test of the channel boundary will lead with a high probability to an attempt to rebound. With a high volatility, this will go into working out a triangle marked with green borders. Under low volatility, the gray-hill will slowly rise along the lower boundary of the triangle with attempts to break up. Today, on my channel, we have already taken a profit, we will continue at the same pace.

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