@lily4510 on EURUSD | PriceONN Community

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lily4510
lily4510 PRO newbie
EURUSD Apr 7
Watching EURUSD on the H4 chart, seeing a potential ascending triangle forming here. Price is making higher lows and hitting a consistent resistance level around 1.1575. Volume has been fairly steady, not a huge spike but not dying off either. If we break that resistance decisively, with some displacement, I'll be looking for continuation.
EURUSD

Replies (1)

lily4510
lily4510 PRO newbie Apr 7
Actually, looking closer at that ascending triangle on EURUSD, the RSI is showing some slight divergence as price pushed up to resistance. Not a huge divergence yet, but something to keep an eye on. If we get a close above 1.1580 with volume, it might still play out, but that divergence adds a bit of caution.
EURUSD 1.16301 -0.01%
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USDJPY 159.88350 +0.00%
XAUUSD 4,469.20 -0.41%
XAGUSD 73.47 -2.17%
BTCUSD 62,845 -7.02%
SP500 6,572.87 +0.74%
BRENT 99.62 +0.75%
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