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RizeSenpai
Jan 25, 2024 5:18 PM

EURUSD: Bullish Gartley at an 800-EMA Trading in a Falling Wedge Long

EUR/USDOANDA

Description

EURUSD is trading within a Falling Wedge with MACD Bullish Divergence at the 800-period EMA. All of this aligns with the PCZ of a Bullish Deep Gartley that has developed on the 1-Hour timeframe. If this support zone holds I think EURUSD will attempt a Bullish breakout that will target the 50-61.8% retraces above which may align with short term upside I'm expecting in the TLT.
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