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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.