EURUSD attempting bullrun up, earlier rising wedge brings doubt
Updated
EURUSD might breakout the top here, but it'll require massive strength. The interesting thing here is the earlier rising wedge that had a relatively higher bearish atmosphere. This pennant is at the exact same spot.
Will post 5m timeframe chart below.
See earlier rising wedge analysis in the related ideas.
I personally wouldn't trade the long breakout mostly because of the lack of strength on the EURUSD in general.
And then there's BREXIT...
Good luck!
Will post 5m timeframe chart below.
See earlier rising wedge analysis in the related ideas.
I personally wouldn't trade the long breakout mostly because of the lack of strength on the EURUSD in general.
And then there's BREXIT...
Good luck!
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