mytradingidea

Right Angled Descending Broadening Wedge + Morning.S.Doji

Long
mytradingidea Updated   
FX_IDC:EURUSD   Euro / U.S. Dollar
A right-angled descending broadening wedge is a bullish reversal pattern.

The Morning Doji Star is a bullish reversal pattern.
Comment:
To confirm the reversal of the trend and the morning star candlestick pattern, it is better to wait for the next candle.
A green candle will confirm that the bulls have joined the party.
Comment:
Dollar Index Mirrored Image:

invst.ly/w9fzs
Comment:
Let the fun begin.
I wish you a successful trading week.

S / L 1.154
TP 1.188
Risk - Reward ration is - 1:15

If the price falls below 1.154. the chance of falling further is 1.148-1.149.
Comment:
DX goes out of the channel
Comment:
So the morning star candlestick pattern failed because the third candle was not green.
What is also new on the graph is that the dollar index has a double top pattern.
Will the pattern succeed we will see, wedge and other targets remain the same.
Comment:
In fact the third candle was green but the 4th candle meaning confirmation was not green.
Trade closed: stop reached
Trade active
Comment:
How are you? do you enjoy profits?
This week and next week will be all bullish.
Comment:
Congratulations bulls, 1.19 is confirmed.
Trade closed: stop reached
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