H1 Descending Triangle

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Descending Triangle on H1

Near Daily S1 pivot at 0.7187 which also happens to show decent support structure.

If a break to the downside occurs we could see a continuation to 0.7135 then 0.7105.

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ملاحظة

Price has found its way to the lower trend line. Support in this area is important. Trend line break at this point would be a break in support and we could see targets to 0.7135 and 0.7105.

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ملاحظة

Really nice breakout to the downside from the lower trend line right into the next support of 0.7135!