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Euro / U.S. Dollar
Short
Updated

EURUSD Ascending Wedge Short

94
Simple
Note
Expect the solid trend line to give pretty soon here. Once that break's we're expecting a retest followed by another breakdown. The dotted horizontal line is what i'm targeting in this short.
Note
snapshot So we retested the H4 beautifully. Unfortunately I took a risk and got trapped at the bottom. Like I said, this recent retest was expected, just not anticipated. SO, furthermore, I would LIKE to see price action play out like this into Monday. I'm not sure if it does work out like this, but it would make for a great entry come Monday.
Elijah_Trading
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Chart PatternsTrend Analysis

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Chart PatternsTrend Analysis
Elijah_Trading
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.