Hello traders.
Here is my personal analysis of this pair
Rising prices
+
Formation of a symmetrical triangle
Exit of the symmetrical triangle from the bottom (black circle)
=
Bearish reversal pattern
=
I am leaning towards a continuation of the decline
Here is my personal analysis of this pair
Rising prices
+
Formation of a symmetrical triangle
Exit of the symmetrical triangle from the bottom (black circle)
=
Bearish reversal pattern
=
I am leaning towards a continuation of the decline
Trade closed: target reached
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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.