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UnknownUnicorn5346859

EURUSD forming falling wedge

Long
Euro / U.S. Dollar (FX:EURUSD)  
UnknownUnicorn5346859 Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns EURUSD eurusdlong eurusdprediction eurusdforecast eurusdsignal Forex forexsignals fxtrading forexforecast
9
5
trendanalysis chartpattern eurusd eurusdlong eurusdprediction eurusdforecast eurusdsignal forex forexsignals fxtrading forexforecast
Pair is still in progress of making falling wedge. We need to see another swing to the downside, to the zone 1.90-1.9020.
Also, we are at end of wave 5, marking end of downtrend. Another factor is yearly low and strong support zone.
So this scenario is marked under HIGLY LIKELY. Reward is 4 RR.
In case that price doesnt reach our zone, we are scraping this scenario and not entering trade.

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Trade closed: stop reached:
Trade closed, we hit sl.
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