TradeWize · free chart read

EURUSD is 58 bars into a downtrend, coiling inside a descending triangle under a weekly downtrend. It poked below the triangle 3 bars ago without closing there. 1.16054 ends the triangle, 1.15798 resumes the fall.

EURUSD=X · 4H · read on 2026-09-02 · Poked below 1.15798 3 bars ago without closing there. Still forming.

What the read found

Trend: lower highs and lower lows over the window, 5 steps across 58 bars, still intact
Formation: descending triangle — Poked below 1.15798 3 bars ago without closing there. Still forming.
Decides above: 1.16054 (the descending triangle)
Decides below: 1.15798 (the descending triangle)
Resistance: 1.16632
Resistance: 1.17144
Support: 1.15331
Support: 1.15174
Level history: The last three times price reached 1.16632 it held every time, bouncing 0.7% on average.
Level history: The last two times price reached 1.17144 it held once, bouncing 0.5%.
Level history: The last three times price reached 1.15331 it held every time, bouncing 0.3% on average.

Read your own chart

Upload a screenshot from any charting app, or type a ticker. The same engine computed this read. Free, no account, one read a week. It shows the levels and the two prices that decide it; the call is yours.

Analyze a chart

Every figure on this page was computed from the real candles up to 2026-09-02. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns