EURUSD: Falling Wedge

The 'Falling Wedge' that was identified in EUR/USD has confirmed. A long position is taken at $1.1775 with SL in $1.1700. It is expected that the height of the formation (H) will be replicated, which is approximately 220 pips, reaching the resistance zone marked in the picture.
Chart PatternseuroEURUSDForexHarmonic PatternssmartradertraderlifestyletradingTrend Analysis

Haftungsausschluss