FALLING WEDGE ON EURUSD?
Looking at this pair from a pattern's point of view, one can say that we see a falling wedge.
Price has been slowly closing on itself, squeezing as the wedge becomes tighter and tighter.
As the days progress, we could see a breakout of this wedge. We stay patient to watch for more price action before taking a trade.
Price has been slowly closing on itself, squeezing as the wedge becomes tighter and tighter.
As the days progress, we could see a breakout of this wedge. We stay patient to watch for more price action before taking a trade.
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