EURUSD | Falling Wedge

2020-01-24 16:46:19

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Initiate Long.

Entry - 1.10589
TP1 - 1.11156
TP2 - 1.11449
TP3 - 1.11742
SL - 1.10404

Reason: RSI is in oversold zone. Falling wedge might continue to form until the price find a support. If price returns to S1 we can receive the falling wedge works out.

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.