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EURUSD Target 1.2245 Falling Wedge Potential Inverse H&S

Long
FX:EURUSD   Euro / U.S. Dollar
FX:EURUSD
After reaching high of 1.2349 $EUR early January it appears the Euro /Dollar pair has completed it's ABC correction.
I've identified a falling wedge which has been broken to the upside, with retest apparently successful.
Now I see an Inverse H&S pattern with the NeckLine indicated with the purple dotted line.
Both pattern targets show a Target Price of roughly 1.2245 $Euro. This is also the proposed 1.618% of the new(local) uptrend.
Look for Neckline Retest! DYOD!πŸ‘‰πŸ‘€πŸ‘ˆ
Trade active: Neckline in play....🧐
Caution!
Comment: Fail.

Comments

πŸ‘‰πŸ§DYOD? nah, *DYODD!, ...do your own due diligence!πŸ‘ˆ
Reply
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