EURUSD rising wedge Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Mar 23, 2022 12:54 PM

The price formed a rising wedge. We expect the price going to break to the downside. We are looking for a retracement to a 50% fib zone of the Fibonacci extension.

Target: 1.081
Entry: 1.114
S&L: 1.124

Comments

DutchTrader39

⋅ Mar 23, 2022 1:17 PM

Great analysis!