EURAUD is falling sharply.
Ahead is a major rising trend line on a daily.
To buy from that with a confirmation,
pay close attention to a falling wedge pattern on a 4H time frame.
First, let the price reach the trend line,
then wait for a bullish breakout of the resistance of the wedge as your confirmation.
Your initial target will be 1.582
In case of a bearish breakout of a trend line, a bearish continuation will be expected.
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Note
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.