Here we see three types of patterns on the chart at the same time( One Hour Chart). They are
1) Yellow Triangle.
2) Purple Triangle.
3) And descending wedge pattern.
* Let's first catch the second pattern, if there is a bearish break out in this pattern. Then the price will go to the level around 1890 and wait for the first pattern breakout. If this level is broken, the price could go closer to 1875-1868 area today(possiblity) in descending wedge last area.
* Hopefully, We could explain it better with less words.
👩💻 Traders, if you like this idea or have your own opinion about it, write in a like and comment. We will be happy.
Regards
by FXAnlysisTeam
