Bullish META - 10 January 2025 - Technical Analysis

EURUSD Forex

SUPPORT AND RESISTANCE LEVELS

Pivot Point 613.04
Support S1: 611.56, S2: 610.36 , S3: 608.88
Resistance R1: 614.24 , R2: 615.72 , R3: 616.92

Brokers

Open account

Summary

Instrument :

MORE SIGNALS

There are no signals right now

Ascending Triangle

An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trend line to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns.