EURUSD April 23, 2024: A Small Consolidation Zone
Updated
On April 23, 2024, on a daily chart, 
EURUSD is moving inside a small consolidation zone after a big down move from April 10, 2024.
A break down below this triangle suggests a further down move to 1.047, which has the same distance to the consolidation zone as from the start of the previous down move.
EURUSD is moving inside a small consolidation zone after a big down move from April 10, 2024. A break down below this triangle suggests a further down move to 1.047, which has the same distance to the consolidation zone as from the start of the previous down move.
Note
EURUSD moved up above this small triangle therefore invalidated the above expectation. The trade was never triggered and I cancelled the sell-stop order
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