Prospective 350+ pips on EURUSD

4. Sept. 2020

On the monthly time frame, its forming a symmetrical triangle but that is not what fueled this sell. On 4hr chart we have an ascending channel which has an intersect with a trendline , which can be seen clearly on the monthly chart. I believe it will sell, and touch the next support at 1.14717. If you are a risk taker, you can ride it down to 1.09.