Yeah... Recent patterns mostly show the opposite what's expected. Watching it since 2 years and there are exceptions but those triangles are going with irregular breakouts mostly the other direction. 😅
Hi, usually when price has this type of formation it would be more bullish than bearish because it is forming higher lows and has continually tried to break above its previous highs. I'm anticipating price to break 1.23100 level.
@m-efe, There we have it haha, it faked out the highs and back in its range, price is playing around that level a lot! My bias will change depending on the daily close, it is looking bearish so i now may be with you. Many longs could be trapped now, trying to get involved in that fake breakout!