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EURUSD Target 1.2245 Falling Wedge Potential Inverse H&S

Long
Euro / U.S. Dollar (FX:EURUSD)  
TheFreeCryptoPress Updated   
FX:EURUSD   Euro / U.S. Dollar
Chart Patterns Trend Analysis Wave Analysis EURUSD EUR USD Forex Inverse Head and Shoulders Falling Wedge
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chartpattern trendanalysis waveanalysis eurusd eur usd forex inverseheadandshoulders fallingwedge
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!👉👀👈
Trade active:
Neckline in play....🧐
Caution!
Comment:
Fail.
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