Chibuike_Odoh

EURUSD - Potential retracement πŸ”½

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD is testing the rising wedge resistance as expected from my previous analysis.
RSI is printing a bearish divergence signal.
Potential retracement to the rising wedge support + fibonacci retracement levels + flip horizontal support confluence.
Sell entry ⬇️ - breakdown below the minor ascending channel support.
Target 🎯 - rising wedge support + fibonacci retracement levels.
Setup invalidation ❌ - breakout above the rising wedge resistance.

Comments

great idea
+2 Reply
@Samiang thanks mate
Reply