technical analysis of EUR/USD
This chart shows a detailed technical analysis of EUR/USD. Key patterns identified are:
1. Bearish Pennant (red): A continuation pattern formed during a downtrend, which led to a significant bearish breakout.
2. Rising Wedge (green): A bearish reversal pattern observed after a minor bullish retracement, indicating potential for a price decline.
3. Trade Setup:
Entry Point: Positioned after confirmation of the rising wedge breakdown.
Stop Loss: Placed above the recent high for risk management.
Target: Aligned with the height of the wedge and expected bearish momentum.
This analysis suggests a bearish outlook for EUR/USD, with precise levels for entry, stop loss, and target clearly marked.
1. Bearish Pennant (red): A continuation pattern formed during a downtrend, which led to a significant bearish breakout.
2. Rising Wedge (green): A bearish reversal pattern observed after a minor bullish retracement, indicating potential for a price decline.
3. Trade Setup:
Entry Point: Positioned after confirmation of the rising wedge breakdown.
Stop Loss: Placed above the recent high for risk management.
Target: Aligned with the height of the wedge and expected bearish momentum.
This analysis suggests a bearish outlook for EUR/USD, with precise levels for entry, stop loss, and target clearly marked.
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✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/FOREX_BRIGHT_FUTURE1
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.
✅ ✅ Perfect Signals Provider With 90% Accuracy
✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/FOREX_BRIGHT_FUTURE1
✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/FOREX_BRIGHT_FUTURE1
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.