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TradingTrumpeteer
Dec 2, 2018 4:35 PM

Falling Wedge Spotted, Potential Reversal! 

Euro / Swiss FrancFOREX.com

Description

If the top line is broken while at this daily support (white line) and juts out of the weekly support (purple zone), it's a possible long trade toward the daily resistance (white zone). Just an idea, I'm rather new to this still and would love some incite!

Comment

It appears as though the Falling Wedge has transformed into a downward channel. Definitely keeping an eye out for a trend reversal!
Comments
TradingTrumpeteer
I would like to mention that I missed adding a daily resistance level around 1.13582.
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