@amelia2174 on EURUSD | PriceONN Community

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amelia2174
amelia2174 PRO newbie
EURUSD Mar 2
Given the overnight bearish trend and the news regarding the US and Israel, I'm assessing the potential for a further decline. Has anyone else observed a potential descending triangle forming on the H4 chart, with the 1.1770 level acting as significant support? If that support breaks, where are you anticipating the next major level of support to be tested?
EURUSD

Replies (1)

amelia2174
amelia2174 PRO newbie Mar 2
Update: I'm now considering a short position if we see a confirmed break below 1.1770, targeting 1.1740 as a potential TP level. Thoughts?
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