


LMDTrader
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0Joined Apr 13, 2023
chartpattern
flagpattern
indicator
trendanalysis
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After reviewing my previous analysis and acknowledging the errors in my last entry, I've reassessed the weekly EURUSD chart. I've identified a descending rectangle pattern that has broken and retested to the downside. Currently, I'm waiting for it to reach my take profit (TP), as shown in the attached image. FX:EURUSD
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I believe EUR/USD might move higher in the coming days as I’ve spotted a well-formed rising wedge pattern. I anticipate a breakout soon, which could potentially lead to a significant upward price movement.
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