DJW1998

EURUSD - 1H CHART ANALYSIS

FX_IDC:EURUSD   Euro / U.S. Dollar
Hi Everyone,

Please see attached my EURUSD analysis on the 1H timeframe.

As we can see on the chart we have a falling wedge pattern emerging.

With this happening we have a few things we can look for to enter trades:

1. We can wait for a touch on support or resistance of the wedge and look for a buy or sell trades trying to catch some pips as price reverses off support or resistance.

2. We can wait for a breakout to the upside and enter a buy trades if price breaks the roof of the wedge.

Add this to your watchlist and wait for enter points.

Any likes or comments would be appreciated.

Please follow for daily updates!

DWFX
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