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KAY-FX18
Jan 22, 2021 1:57 PM

EURUSD Rising wedge (SELLS) Short

Euro Fx/U.S. DollarFXCM

Description

The EURUSD can be seen to have broken out of a descending trend line and is currently make higher highs and higher lows while still forming a rising wedge pattern visible on the 1hr, price is currently at a resistance zone and it exhibiting indecision signs, (doji) I'll be looking for a 4hrs bearish engulfing candle to complete and head and shoulders formation on the daily timeframe.
Comments
Romiojet
i am shorted....good analysis
KAY-FX18
@Romiojet Cool 🙏, Thank you🙏
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