The breakout of the triangle (purple lines) has seen price fall towards the Fibonacci levels. A crucial level for bears and bulls is the 1.35 round number due to the horizontal support (green line) and bottom of consolidation.
Overall price remains in a tight consolidation (red and green lines) and it can continue with consolidating in between that support and resistance with various forms of corrective movements, such as a wave Y (magenta) wave X (blue).
Overall price remains in a tight consolidation (red and green lines) and it can continue with consolidating in between that support and resistance with various forms of corrective movements, such as a wave X and Y (blue).
Overall price remains in a tight consolidation (red and green lines) and it can continue with consolidating in between that support and resistance with various forms of corrective movements, such as a wave Y (blue).
Overall price remains in a tight consolidation (red and green lines) and it can continue with consolidating in between that support and resistance with various forms of corrective movements.
60 min EURUSD:
The EURUSD is making a small triangle (blue trend li