EURUSD 1M PATTERNS - Dynamic Diamond Formation
The diamond is a dynamic pattern, the deciding factor is the direction of the breakout with volume confluence. However, on the order-flow chart we see overwhelming negative delta as well as declining volume suggesting a possible consensus to the downside.
Breakout target is measured by the previous extension.
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Breakout target is measured by the previous extension.
Formula72 Trading Group - Trader Education, Signal Service, Algorithmic Trading, Live Trade Room.
Formula72.com
FuturesTradeRoom.com
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