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LegionQ8
15 mars 2023 09:23

Euro trades inside wedge and can fall to support lineΒ Short

Euro Fx/U.S. DollarFXCM

Description

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Hello traders, I want share with you my opinion about Euro. Looking at the graph, we can see how the price re-tested the seller zone, from which it begin to decline and formed the downward wedge. Euro created support area 1.0535-1.0525 that was re-tested and begin to grow, breaking the resistance line of wedge. Next, we see how the price has dropped again to the support area, which it has been re-tested and grown to the seller zone and thus formed upward wedge. Price has tested the resistance line of wedge, which coincide with the seller zone and has begin to decline. Currently, the price is below the resistance line and can continue to fall and reach the support line of wedge where I set the target at level 1.0670. Please share this idea with your friends and click Boost πŸš€
Commentaires
FOREXN1
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Bravo interesting !
BKTradingAcademy
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Let’s see what happens today after unemployment claims! Great work!
Setupsfx_
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Great work
Leo-btm
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great idea
Williamforex
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Appreciate
HAMED_AZ
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Great Analysis
Lingrid
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🎯 reached - cool
RLinda
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Great technical analysis, I think price will soon show who is right)) Thanks)
AkhiPrajapati
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Great catch sir
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