EURUSD | Falling Wedge is Close to the Breakout

2020-02-29 15:48:13

Please support this idea with LIKE if you find it useful.

On weekly timeframe we have a Falling Wedge pattern. Price has broken strong horizontal zone already. If we get a breakout of the Pattern we can initiate a Long Position.

We also have Ichi Cloud resistance zone and for more solid signal it's better to receive the breakout of Ichi Cloud.

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.

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 Advice.