EURUSD potential Uptrend continuation, Bearish Reversal soon
Updated
- 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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