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InternalTraderNYC
Jan 21, 2024 10:30 PM

EUR/USD Potential Bullish Move Long

Euro Fx/U.S. DollarFXCM

Description

A few qualifications for this trade are...

•Falling Wedge Pattern
•“Hidden” Divergence on the MACD.

If we start trading back above 1.0900 and the pivot zone, a target of 1.1150 (Median level) wouldn’t be unreasonable.

I'm going to keep an eye on long positions and see if we can begin trading higher.
Comments
TheFxAce
The bullish momentum you've highlighted is worth noting.
InternalTraderNYC
@TheFxAce, Thanks for checking the Analysis FXAce!
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