The EUR/USD 4hr chart has formed a triangle on the 4hr chart, with the range continuing to narrow. With the weekly and daily charts continuing to confirm bearish momentum, a break out of this triangle in the bearish direction could take us all the way down to the 1.09796 level.
IF price breaks out on a LONG 4hr bearish candle close -- Enter.
Do not trade if price continues to trade sideways.
Best of luck trading :)
IF price breaks out on a LONG 4hr bearish candle close -- Enter.
Do not trade if price continues to trade sideways.
Best of luck trading :)