EUR/USD Tanking!
Hey everybody, hope you guys are all doing well :)
Chart of the day: EUR/USD
Bias: Downtrend - On the 1-hour timeframe price action has created a rising wedge pattern (Solid line) which indicates a possibility for a high probability trend continuation to the downside. We will wait for the break of the trendline to confirm a move to the downside.
Please don't forget to leave your thoughts and comments and if you benefited in any way from this post please like & share.
Trade safe & have a great trading week :)
Chart of the day: EUR/USD
Bias: Downtrend - On the 1-hour timeframe price action has created a rising wedge pattern (Solid line) which indicates a possibility for a high probability trend continuation to the downside. We will wait for the break of the trendline to confirm a move to the downside.
Please don't forget to leave your thoughts and comments and if you benefited in any way from this post please like & share.
Trade safe & have a great trading week :)
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