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WalterMoon
Mar 18, 2023 2:01 PM

EURO - Price bounced down of resistance line and left wedge Short

EUR/USDOANDA

Description

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Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in commentsđź‘Š

A few days ago price bounced up from $1.0730 to $1.1025 levels and started trades inside from wedge.

Inside wedge price declined to $1.0535 level which coincide with support area and then bounced up.

After Euro bounced up from support area it left wedge and sometimes trades near mirror line.

Recently price reached $1.0760 level and fell back to support area and started trades inside wedge again.

In my mind Euro can bounce down of resistance line and start to decline to $1.0565 level, thereby leaving wedge.

If this post is useful to you, you can support me with like/boost and advice in comments❤️
Comments
XxYousef89
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You are a genius. The colors of the chart are perfect. Your analysis is logical and very useful
TheCryptagon
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Good look at the market. I agree with your idea next moves will be downward recovery then bullish again ! We are posting ours for comparison purposes:
TheSignalyst
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looking for sell setups on EURUSD too as I am speculating a bullish DXY. well done mate
MonoCoinSignal
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Thank you for creating such a great chart, it's very well done.
ArmanShabanTrading
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Great work buddy!
ceciliones
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keep up this great work
Setupsfx_
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Great work
basictradingtv
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awesome work as always, thanks!
RLinda
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I think we should see how the daily candle closes today and then place orders to gain a position. What a great idea!
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