EURUSD Price channel, Broadening Wedge Pattern LONG
This idea is based on a broadening wedge pattern and price channel as shown. Using 4h interval we notice bullish divergency being a signal for the change of trend, trading long with indicated T/P as shown in green. S/L below the lowest price candle once the price action on lower time interval confirms. This is not a trading advise it's just an idea, trade at your own risk and don't forget- protect your capital!
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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.
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.