🚨EURUSD will Go Down by Ascending Broadening Wedge Pattern🚨
Updated
🏃♂️EURUSD is moving near the 🔴Resistance zone($1.0806-$1.0781)🔴.
📈According to Classical Technical Analysis, EURUSD seems to have succeeded in forming an Ascending Broadening Wedge Pattern.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect EURUSD to at least decline to the 🎯Target🎯 I have marked on the chart.
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
📈According to Classical Technical Analysis, EURUSD seems to have succeeded in forming an Ascending Broadening Wedge Pattern.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect EURUSD to at least decline to the 🎯Target🎯 I have marked on the chart.
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Note
The EUR has again reacted well to the 🔴Resistance zone($1.0806-$1.0781)🔴 and I still expect the EUR to drop to at least $1.072.Note
EURO should first break the Uptrend line and then wait for the Target($1.072).
Note
EURO was able to break the uptrend line; you can risk-free your position or take profit; I choose RISK-FREE.Note
Running well, The analysis is valid as long as the resistance zone is not broken.
👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
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.