Future_X

Future_X

Posted this a couple of months ago nice to see it playing out #structureisking

Future_X

It seems we have an ascending wedge formation on the 3h timeframe Further confluence would be to 1.Wait for the break of the structure 2. Look for a lower timeframe structure for dirty (it could be a flag, triangle or even a smaller wedge) It's a long way down patience pay There's enough time to plan the trade and trade the prepared plan

Future_X

Most interesting thing about this set up was we had a monthly fakeout at a major lever of support A nice bullish candle away from that area A long move Plan the trade trade your plan

Future_X

EURUSD is at major resistance zone most importantly we had a *fakeouts* SL @ 1.11620 Tp1 @ 1.09445 Tp2 @ 1.08307 But we have to let price commit first to the downside give you an entry (depending on your trading strategy) It's a long way down be patient 💯

Future_X

A rising wedge seem to be developing on the 4h approaching the upper boundary at a key level of resistance Once price gets to the upper boundary we have a high probability bid goin' short