Short-term expecting reversal around 6500 EUR
Note
Triangle descending. Current top in EUR is 6200Note
Short-term expecting again downwards movement to 5400 EUR levelsNote
5400 predication was spot on. Current movement more difficult to interpret but a 6000 EUR top would seem feasible.
Get ready for a big break while approaching the end of the triangle.
Note
This triangle seems to hold but will soon end. Expecting the price to just move horizontally through the triangle now though like is happening for the USD charts. Let's find out!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.