hey traders,
on euro dollar we have very interesting setup to be focused on.
on a 4H chart we see a parallel falling channel.
the price is approaching a channel resistance line right now.
I never trade just channels, I prefer to wait until a confirmation signal on a lower timeframe occurs.
on 1H chart we see a formation of a rising wedge pattern,
for us, bearish violation channel is a perfect signal to sell the market anticipating retest of the market low.
good luck!
評論:
Bullish continuation inside the wedge
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