EUR/USD has broken below the ascending triangle pattern, signaling potential downside movement.
The price is currently testing support at 1.0782, with the next key level around 1.0732.
A retest of the broken trendline may confirm further bearish momentum.
Traders watching for a short setup with a stop above 1.0812 and a target around 1.0732.
💡 Risk Management: Always follow a risk management strategy and never risk more than you can afford to lose.
🔔 Disclaimer: This is not financial advice. The content is for personal record-keeping and educational purposes only. Traders should conduct their own research before making any trading decisions.
The price is currently testing support at 1.0782, with the next key level around 1.0732.
A retest of the broken trendline may confirm further bearish momentum.
Traders watching for a short setup with a stop above 1.0812 and a target around 1.0732.
💡 Risk Management: Always follow a risk management strategy and never risk more than you can afford to lose.
🔔 Disclaimer: This is not financial advice. The content is for personal record-keeping and educational purposes only. Traders should conduct their own research before making any trading decisions.
Trade closed: stop reached
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.
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.