Nice Wedge Breakout on USDEUR
I love the wedge breakout. This is a classic example. Nice rally before the wedge (not quite a flag pattern, but same idea), then some consolidation to the classic wedge pattern outlined, then boom! Breakout on the upside. Of course, China cutting interest rates definitely had an impact on this, the markets reacted all across the board.
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Join my discord at discord.io/quantguy
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.