3 August 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsEUR/USD
Date : 3 August 2020
Support Line (A) : 1.1741 – Last TP of Descending Triangle
Resistance Line (B) : 1.1781 – Last TP of Descending Triangle
Target Period : 15 hours
Interval : 15 Minutes
Pattern : Descending Triangle
Length : 178 Candles
Detail : Descending Triangle identified at 03-Aug-12:45. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.1741 within the next 15 hours. (Supported by Downward sloping Moving Average)
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Autochartist
If you open a live account with a broker that support Autochartist, you’ll get :
– Analysis as low as 15 minute data intervals.
– Short term forcasts.
– Risk and volatility information.