Pattern Wedge on EURUSD currency pair by T1 and T2 trendlines. This is bearish wedge and forecasts short reverse movement, little gain for USD. Also check the fibonacci retracement for last bearish trend, the first support level is 61%, around 1.1855
Terms and short forms! T - Trendlines (T1,T2... etc.) S - Supprt levels (S1,S2... etc.) R - Resistance levels (R1,R2... etc.) TP - Take Profit SL - Stop Loss F - Fibo Levels (F23,F61... etc.)