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GrowingForex
Feb 24, 2017 9:06 PM

DESCENDING BROAEDING WEDGE  Short

Euro Fx/U.S. DollarFXCM

Description

DEAR TRADER,
ACCORDING TO THE CURRENT SCENARIO PRICE OF EURUSD IS GOING DOWN BUT I HAVE FOUND DESCENDING BROADENING WEDGE THAT WILL GIVE A STRONG BUY SIGNAL AFTER TESTING 3rd POINT (1.0383) OF "DBW" .THERE IS EXPECTATION OF BREAKOUT BEFORE REACHING 3rd POINT, IF DXY FALLS BECAUSE OF FUNDAMENTAL NEWS.
SUPPORT AND RESISTENCE AS FOLLOWS--
S1-1.0500, S2-1.0431, S3-1.0383
R1-1.0670, R2-1.0710, R3-1.0771

NOTE:- THIS IS NOT AN INVESTMENT ADVICE.

GOOD LUCK
REGARDS,
GROWING FOREX

Trade closed: target reached

all target achieved
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