In the very near future, it is assumed that the price of all such will fall to the previously set targets. Only a price close above 1827.950 can cancel the short.
SELL scenario: A false breakout of the level of 1827.950 will be an excellent signal for a short. The current target is the support level 1809.985.
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Pattern Wedge on EURUSD currency pair by T1
and T2 trendlines. This is bearish wedge
and forecasts short reverse movement,
little gain for USD. Also check the fibonacci
retracement for last bearish trend, the first
support level is 61%, around 1.1855
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels...
