- Rising Wedge Pattern
- Potential end of Wave 5 or could probably extended even higher for Uptrend continuation, Wave A for potential correction to the downside
- RSI Bearish Divergence
- Wait for the price to retest after potential break from the Trendline for entering Shorts
- May take Longs for possible Uptrend continuation Short-term
EUR/USD 4-hour chart with Rising Wedge, Potential Wave A and RSI Bearish Divergence
- Potential end of Wave 5 or could probably extended even higher for Uptrend continuation, Wave A for potential correction to the downside
- RSI Bearish Divergence
- Wait for the price to retest after potential break from the Trendline for entering Shorts
- May take Longs for possible Uptrend continuation Short-term
EUR/USD 4-hour chart with Rising Wedge, Potential Wave A and RSI Bearish Divergence
Note
Looks like Bearish Reversal come too soon, expect more downside
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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.
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.