Patterns

  • EURUSD
  • GBPUSD
  • USDCAD
  • AUDUSD
  • NZDUSD
  • USDJPY
  • EURGBP
  • USDCHF
  • EURAUD
  • EURJPY
  • CADCHF
  • CADJPY
  • GBPJPY
  • AUDNZD
  • AUDCAD
  • AUDCHF
  • AUDJPY
  • EURNZD
  • EURCAD
  • EURCHF
  • NZDJPY
  • GBPAUD
  • GBPCAD
  • GBPCHF
  • GBPNZD
  • NZDCAD
  • NZDCHF
  • CHFJPY
  • Apple
  • Amazon
  • Boeing
  • Google
  • Tesla
  • Twitter
  • Airbnb
  • Adobe
  • eBay
  • Ford
  • GameStop
  • Meta
  • Microsoft
  • Netflix
  • Pfizer
  • Visa
  • BioNTech
  • Citigroup
  • Coinbase
  • Credit Suisse
  • Chevron
  • IBM
  • Goldman Sachs
  • General Electric
  • Coca Cola
  • McDonalds
  • Morgan Stanley
  • NVIDIA
  • Wells Fargo
  • Wheaton
  • ExxonMobil
  • US Dollar
  • Dow Jones
  • DAX30
  • SPX 500
  • FTSE 100
  • Nikkei 225
  • Nasdaq
  • Gold
  • Crude Oil
  • Palladium
  • Silver
  • Natural Gas
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Bitcoin Cash

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There are no Live patterns right now

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There are no Live patterns right now

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There are no Live patterns right now

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EURUSD
EURUSD May fall 9 - 15 pips
Bearish Closed

2023-09-27 11:15:00

A Price Action Descending Triangle pattern formation on the 5 Min time frame chart supports EURUSD Bearish bias. A break of 1.05494 will support the fall towards the target of 1.05405 the break of 1.05405 would push the price to 1.05346.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 1.05426
  • Support S1: 1.05299, S2: 1.05225 , S3: 1.05098
  • Resistance R1: 1.055 , R2: 1.05627 , R3: 1.05701
  • Age 2 Bars
    Full view

Descending Triangle

A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows. a descending triangle can be either bearish or bullish. Traditionally, a regular descending triangle pattern is considered to be a bearish chart pattern. However, a descending triangle pattern can also be bullish.