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VaidoVeek
Mar 11, 2019 12:16 PM

EURUSD - Bearish Continuation Pattern - SELL Short

Euro Fx/U.S. DollarFXCM

Description

Hey!

Currently, the EURUSD graph offers to us a bearish chart pattern called Rising Wedge.
It is a continuation pattern and the latest trend is downwards.

Sell is triggered after the breakout below the Rising Wedge bottom trendline and below the black trendline (pulled on higher timeframe).
Perfect breakout would be a 15 min. candle and 1H candle close simultaneously because 15 min. candle breaks aren't so good!

NB: Not before you have seen a breakout because this is also strong support level!!


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Have a nice day,
Cheers!


*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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