DESCENDING BROAEDING WEDGE
DEAR TRADER,
ACCORDING TO THE CURRENT SCENARIO PRICE OF EURUSD IS GOING DOWN BUT I HAVE FOUND DESCENDING BROADENING WEDGE THAT WILL GIVE A STRONG BUY SIGNAL AFTER TESTING 3rd POINT (1.0383) OF "DBW" .THERE IS EXPECTATION OF BREAKOUT BEFORE REACHING 3rd POINT, IF DXY FALLS BECAUSE OF FUNDAMENTAL NEWS.
SUPPORT AND RESISTENCE AS FOLLOWS--
S1-1.0500, S2-1.0431, S3-1.0383
R1-1.0670, R2-1.0710, R3-1.0771
NOTE:- THIS IS NOT AN INVESTMENT ADVICE.
GOOD LUCK
REGARDS,
GROWING FOREX
ACCORDING TO THE CURRENT SCENARIO PRICE OF EURUSD IS GOING DOWN BUT I HAVE FOUND DESCENDING BROADENING WEDGE THAT WILL GIVE A STRONG BUY SIGNAL AFTER TESTING 3rd POINT (1.0383) OF "DBW" .THERE IS EXPECTATION OF BREAKOUT BEFORE REACHING 3rd POINT, IF DXY FALLS BECAUSE OF FUNDAMENTAL NEWS.
SUPPORT AND RESISTENCE AS FOLLOWS--
S1-1.0500, S2-1.0431, S3-1.0383
R1-1.0670, R2-1.0710, R3-1.0771
NOTE:- THIS IS NOT AN INVESTMENT ADVICE.
GOOD LUCK
REGARDS,
GROWING FOREX
Trade closed: target reached
all target achieved
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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.