Hello Traders, welcome back to another market breakdown.
EURUSD has been trading in a trading range, 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 another push for the trend line and watch what type of price action we get.
Trade safely,
Trader Leo.
EURUSD has been trading in a trading range, 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 another push for the trend line and watch what type of price action we get.
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