@vsingh294 - EURUSD | PriceONN Topluluk
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Is anyone else seeing a potential descending triangle forming on the H4 chart for EURUSD? The series of lower highs is pretty clear, but the support around 1.1720-1.1730 seems to be holding for now. If that support breaks decisively, we could see a significant drop, maybe down to 1.1700 or even lower. What are your thoughts on the validity of this pattern? Anyone else trading this potential breakout? What SL levels are you considering if you're shorting?