@skier205 on EURUSD | PriceONN Community

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skier205
Watching EURUSD, looks like a descending triangle forming on H1 chart. Price bouncing between ~1.1460 and ~1.1440. RSI also low, around 32. This could be an inducement for a liquidity grab before a move.
EURUSD

Replies (2)

skier205
skier205 PRO newbie Mar 18
Yeah, that triangle pattern is still there. If it breaks below 1.1440, I might consider a short. News about dollar rebound is a bit worrying though. Might just watch for now, market is too quiet to risk much.
BrandonCyclist
BrandonCyclist PRO newbie Mar 22
@skier205 Dude, descending triangle? More like a 'descending opportunity to lose money'. They're gonna pop that thing like a balloon. Dollar rebound news is probably just noise to cover up the real manipulation.
EURUSD 1.16062 -0.21%
GBPUSD 1.34280 -0.26%
USDJPY 159.89500 +0.01%
XAUUSD 4,462.16 -0.57%
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BRENT 99.79 +0.92%
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