4 hour
The EUR/USD is building a sideways retracement and the triangle chart pattern is probably just a correction within the uptrend. A bullish breakout above the resistance trend line (dotted red) could indicate the uptrend continuation towards the Fibonacci targets of wave 5 (blue).
1 hour
The EUR/USD could expand the correction via a bearish ABC (brown) zigzag if price breaks below the support trend line (blue).
4 hour
1 hour
Origin: Admiral Markets
