Euro / U.S. DollarEducation
How to trade the falling wedge in EURUSD
Updated
This is a kind of special case of falling wedge.
For a falling wedge pattern in EURUSD, it usually break downward so that it can mislead retailed traders to sell. Meanwhile, those large players accumulate in the yellow box. After accumulation, it goes up and targeting 0.618.
For a falling wedge pattern in EURUSD, it usually break downward so that it can mislead retailed traders to sell. Meanwhile, those large players accumulate in the yellow box. After accumulation, it goes up and targeting 0.618.
Note
Note
it can be applied in both rising wedge and falling wedge
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