@skier205 on EURUSD | PriceONN Community
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.
Replies
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.
@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.