Euro / ABD Doları
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EURUSD breaking a falling wedge

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#EURUSD (1H):

Even though he had an head and shoulder forming on the a lower timeframe, the bigger picture is what i'm focusing on.

This to me is showing that the current price action is actually a correction move, forming a falling wedge, which could be getting ready to explode to the upside, if current support holds.

The reason of my bias is the last weekly candle, which is a strong bullish engulfing.

Still, confirmation is needed
İşlem aktif
The price came back for a retest and formed a strong bullish candle. This confirmed our entry, currently floating at BE

Feragatname

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