BruceLevy

EURUSD 1M PATTERNS - Dynamic Diamond Formation

FX:EURUSD   Euro Fx/U.S. Dollar
56 1 0
The diamond is a dynamic pattern, the deciding factor is the direction of the breakout with volume confluence. However, on the order-flow chart we see overwhelming negative delta as well as declining volume suggesting a possible consensus to the downside.

Breakout target is measured by the previous extension.

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BruceLevy
2 years ago
Come join the chat and get invited to my live gotomeeting order flow trading room https://www.tradingview.com/chat/#3l0LYjCwG5mRUOgO
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