EURUSD, Pull-back then trend resumption?
EURUSD / 4H
Hello Traders, welcome back to another market breakdown.
EURUSD has been trading in a down trend, the price has deviated above old highs forming a wedge pattern with 3 touches, which is a reversal pattern.
Safe play would be to wait for the pull-back to previous S/R level showen on the chart.
Trade safely,
Trader Leo.
Hello Traders, welcome back to another market breakdown.
EURUSD has been trading in a down trend, the price has deviated above old highs forming a wedge pattern with 3 touches, which is a reversal pattern.
Safe play would be to wait for the pull-back to previous S/R level showen on the chart.
Trade safely,
Trader Leo.
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Youtube:
m.youtube.com/@beatthemarket4871
Our recommended broker EightCap: join.eightcap.com/visit/?bta=37691&brand=eightcap
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