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VasilyTrader
5. Febr. 2018 08:12

ascending triangle on eur usd Long

Euro Fx/U.S. DollarFXCM

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Kommentar

Attempt to go lower
Kommentare
Mazenism
ascending triangle is a bearish signal
TAJIR_B
@Mazenism, no. the best thing is waiting the breakout direction
Mazenism
@TAJIR_B, ascending triangle is most probably combined with a strong bearish divergence, indicating weakness of the current trend.

And for EURUSD, on the timeframe used in the chart attached, The trend is showing strong bearish divergence. So this ascending triangle is a bearish one, with reversal breakout.

Anyhow, wait for the breakout. then don't forget to get back to me :)
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