sf.funke

Ascending Triangle

FX:EURUSD   Euro / U.S. Dollar
You can see the price finding resistance on the horizontal line and its wick bounced back from the EMA.
Currently price is moving in an ascending triangle.
Price might move towards trend line due to patterns on the resistance zone.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.