EURUSD Flashback: From Bearish Triangle Breakdown to a Potential Bullish ReversalNov 14, 2025

Euro USD pair has been trading in a nice sideways range, and we have been tracking it nicely – from triangle breakdown to potential bullish reversal. Let’s see how we tracked it below, with some snippet updates from our website, this is 9 days ago, 5^th of November:

“EURUSD remains in a downtrend, coming lower from a triangle, which suggests we are likely in the final leg within a higher-degree bearish structure. Unfortunately, the weakness doesn’t look complete yet — in fact, the market could still be targeting the triangle measurement level around 1.1450. Technically, the trend stays bearish, especially while trading below 1.1542, which we previously highlighted as an important resistance level in our earlier updates”

We found support from 1.15 region which we have been tracking down for some time!

After some trading sessions, we witnessed how nicely EURUSD pair found support from our projected area and to this day (14^th of November) it keeps pushing with strength. Let’s see our update 7 days ago, 7^th of November:

“EURUSD is moving nicely to the upside, correcting perfectly back to 1.1542 as discussed yesterday. That level can act as resistance for now, but likely only temporary, since the move from the lows looks impulsive. That said, I would anticipate further upside after the current minor retracement — so whole recover could be either a smaller three-wave pullback or even the start of a higher-degree impulsive path away from the 1.1469 area. In my view, EURUSD looks set to rally further”

We can see how respected our trading levels are! For more, you can visit us at wavetraders.com where you can enjoy all of our analysis on FX, Stocks, Metals, Crypto etc.

What’s most important about triangles is that they always appear against the higher degree trend, so whenever you see a strong breakout from a triangle, keep in mind that sooner or later that move will come to an end and the market can reverse.

So far we already saw a nice reversal back to the triangle pivot at 1.1638, and the question now is where we go from here.

I always rely on HTF Elliott wave charts to spot the next potential swings, so if you want to follow my market updates more closely make sure to join our premium services.
Grega