KAY-FX18

EURUSD Rising wedge (SELLS)

Short
FX:EURUSD   Euro / U.S. Dollar
The EURUSD can be seen to have broken out of a descending trend line and is currently make higher highs and higher lows while still forming a rising wedge pattern visible on the 1hr, price is currently at a resistance zone and it exhibiting indecision signs, ( doji ) I'll be looking for a 4hrs bearish engulfing candle to complete and head and shoulders formation on the daily timeframe .

Comments

i am shorted....good analysis
+1 Reply
KAY-FX18 Romiojet
@Romiojet Cool 🙏, Thank you🙏
Reply
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