@AsifD39 on EURUSD | PriceONN Community
A
I'm observing a potential descending triangle forming on the EURUSD H4 chart. The series of lower highs suggests bearish pressure, but the horizontal support around 1.1600 needs to be decisively broken for confirmation. If it breaks, I anticipate further downside towards 1.1550. RSI is currently neutral, so waiting for a clearer signal.