*before entering trade wait for confirmation after it breaks out for it to retrace to new resistance line.
- Rising wedge pattern formed and will break out down to previous support line.
- bearish RSI divergence = dying out uptrend and like to become a downtrend.

EURUSD
- Rising wedge pattern formed and will break out down to previous support line.
- bearish RSI divergence = dying out uptrend and like to become a downtrend.
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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.