Descending broadening wedge

The formation of broadening descending wedge is underway. Price is currently at resistance at point 4. If the resistance hold there is a possibility for price to visit the 1.3450 region to complete the formation of the chart pattern at point 5.


Disclaimer: This is not a financial advice, this is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.