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

There are no Live patterns right now

Register now and Enjoy the Full Power of Chartdepth Advanced Tools.

There are no Live patterns right now

Register now and Enjoy the Full Power of Chartdepth Advanced Tools.

There are no Live patterns right now

Register now and Enjoy the Full Power of Chartdepth Advanced Tools.

There are no Live patterns right now

Register now and Enjoy the Full Power of Chartdepth Advanced Tools.

There are no Live patterns right now

Register now and Enjoy the Full Power of Chartdepth Advanced Tools.

EURGBP
EURGBP May fall 2 - 3 pips
Bearish Closed

2024-03-28 16:30:00

A Price Action Descending Triangle pattern formation on the 5 Min time frame chart supports EURGBP Bearish bias. A break of 0.85440 will support the fall towards the target of 0.85425 the break of 0.85425 would push the price to 0.85415.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 0.8545
  • Support S1: 0.8544, S2: 0.8543 , S3: 0.8542
  • Resistance R1: 0.8546 , R2: 0.8547 , R3: 0.8548
  • Age 50 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.