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price trapped into the ascending wedge
Euro / U.S. Dollar
Short
price trapped into the ascending wedge
By bestfarbit74
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Updated
Jan 23, 2023
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Jan 19, 2023
EURUSD is moving between two edges of this ascending wedge for a while.
I believe if the price keep moving below the baseline will drop soon or later.
however above the 1.096 level could lead us to next resistant levels.
so our key level to drop is our baseline and the confirmation is local trend line
on the chart, lets see.
Enjoy the market
Jan 23, 2023
Trade active
baseline is our judgement level, above the baseline is still bullish, closing below the beseline has more chance to drop.
Chart Patterns
Trend Analysis
bestfarbit74
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