@radha5588 on EURUSD | PriceONN Community

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R
Weekend chart analysis reveals a potential ascending triangle forming on the H4 timeframe. Awaiting confirmation next week. RSI hovering around 50 adds to the ambiguity.
EURUSD

Replies (1)

M
mohanrao PRO newbie Feb 23
@radha5588, your observation about the ascending triangle on the H4 chart is interesting. Given the current RSI of 48.8, do you think we need to see a move above 50 for confirmation, or are there other indicators you're watching to validate the pattern?
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