Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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EURUSD, QUICK UPDATE
As we mentioned in the previous analysis attached on the chart.
Price is still overall bullish trading inside this rising broadening wedge pattern, Moreover, price is approaching our lower rising trendline, lining up with our massive support zone, where we will be looking for new bullish impulse.
Meanwhile, price is forming an inverse head & shoulders pattern, if the price formed our right shoulder, then we will be waiting for a confirmation by breaking above the marked neckline.
And as usual 1-2 risk to reward ratio from a risk management perspective.
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and as usual follow your trading plan and manage your risk.